Z-Guide: The A to Z about Credit Scores
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Z-Guides: Credit 101

Z-Guide: The A to Z about Credit Scores

Rupali Amin
Rupali Amin

Table of Contents

Welcome to Z-Guides, where we take the daunting world of credit and make it as approachable as a cozy cup of coffee on a chilly day. Over a series of 8 blogs, we're going to break down everything you need to know about credit, from the basics to the nitty-gritty details.

Whether you're a seasoned credit card pro or just starting on your credit journey, this is Credit Education 101 - and we're here to guide you through it. This blog takes you through a crash course on credit scores, how they’re calculated, and how you can improve your score.

So grab a seat, get comfortable, and let’s dive into the world of credit together.

What is a credit score?

Your credit score is like your report card for adulting, with a number from 300 to 850 that tells lenders how responsible you are with credit.

It not only determines your creditworthiness but also affects your ability to obtain loans, credit cards, or even rent an apartment. It is like your financial GPA, but you must pay your bills on time instead of studying and keep your debt low.

Your FICO® Score is a three-digit number, usually between 300 to 850, based on metrics developed by Fair Isaac Corporation.


How is your credit score calculated?

Here are the 5 pieces that make up a credit score: