O'Reilly logo

Your Credit Score: How to Fix, Improve, and Protect the 3-Digit Number that Shapes Your Financial Future by Liz Pulliam Weston

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 2. How Credit Scoring Works

The first thing you need to know about your credit score is that you don't have a credit score: you have many, and they change all the time.

Credit scores are designed to be a snapshot of your credit picture—typically, the picture that's contained in your credit report. New information is constantly being added to your report, and old information is being deleted. Those changes affect your score.

That can be good news or bad news. The good news is that if you have a bad score now, you're not stuck with it forever. You can do a lot to improve your situation and make yourself more credit-worthy in lenders' eyes.

The bad news is that you can't rest on your laurels. When you have a good score, you need to constantly ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required