Beginner’s Guide to Understanding Credit Scores and How to Improve Yours
Your credit score affects loan approvals, interest rates, insurance costs, and some rental decisions in the United States. As of 2023, the average FICO score is 716, yet results vary widely. FICO labels 670 to 739 as good, 21% of Americans hold scores of 800 or higher, and about 16% fall below 580, considered poor. […]