In a recent survey from LivingWithBadCredit.com, an educational Web site, more than three-fourths of people surveyed reported not knowing their credit scores within a 200-point range.
Nearly half of them had never checked their own credit report and score, while 17 percent hadn’t checked in several years.
Knowing your credit score is the first step in improving your credit standing.
But unlocking the mystery behind credit score calculations is somewhat more elusive.
A score above 750 is generally considered good and a score below 620 is considered risky.
The range between the two depends on the lender looking at the score.
-Adam
CONSUMER ADVICE: Most don’t know score, says survey (Courier-Post)
In a recent survey from LivingWithBadCredit.com, an educational Web site, more than three-fourths of people surveyed reported not knowing their credit scores within a 200-point range. Nearly half of them had never checked their own credit report and score, while 17 percent hadn’t checked in several years.