Understanding Your Credit Score and the Benefits Financial institutions and lenders use your credit score as the measure by which to establish your financial health and creditworthiness. Obviously, from a lender’s point of view, the worse your credit score, the more risk you represent. Healthy credit is not the only factor financial institutions will take into consideration, but it is a big contributor to whether or not you will be approved for any type of loan or credit. The first … Continue reading The Benefits of a Good Credit Score