Learn about credit scores

Everyone’s credit score is important – from those who are looking to borrow money, to those who want to lease a car, or even just get approved for a credit card.

So read on to learn everything you need to know about credit scores!

How a good credit score can help you

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What’s the difference between a credit score and FICO® score?

Credit utilization ratio (CUR) is the percentage of a credit line that’s being used compared to the total credit line.

Credit is important for your overall financial stability. A good credit score can help you qualify for loans, get lower interest rates on car and home loans, and even get discounts on goods and services.

What, exactly, is credit utilization ratio?

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There’s no one-size-fits-all answer to this question since the factors that affect your credit score vary depending on your individual situation.

What’s the difference between a credit score and FICO® score?

Credit scores measure your creditworthiness, while FICO scores are used to predict future credit risk. Here’s a quick explainer

There are a few things you can do to improve your credit score in high school.

You can make sure you have a good mix of credit cards, open new accounts regularly, and keep your balances low.