What do I need to know about my credit score?
Credit scores are used in many areas of life such as applying for a new job, getting an apartment, and buying a car. Your score is used to help balance both your risk and the lenders risk when offering you credit.
The three main bureaus are Experian, Equifax, and TransUnion. However, there are smaller credit reporting agencies that lenders work with as well. These agencies are certified under the Fair Credit Reporting Act. By federal law, you are entitled to receive a free credit report from all three major credit bureaus every 12 months.