Skip to Content
Credit
What is a credit score?
Open toolbar

Take the bonus quiz

Test your knowledge. Earn more points. Get started

Which of these shows your entire credit history?

Correct

Your credit report shows your whole credit history. Your credit score is just a single number.

Next question
Which of the following does not go into your credit score?

Correct

Your salary will never be a part of your credit score.

Next question

You got 2 of 3 correct

You can retake the quiz to maximize your points, but you won't get additional points for questions you already answered right.

Retake quiz

Key Takeaways

Print version

Your credit score is one of the most important components of your overall finances. Whether you want to establish yours, improve it or just keep it healthy, keep these things in mind.

  • Remember that a credit score lower than 650 could impact your overall financial health, making it hard to do things like get a loan or a good mortgage interest rate
  • Pay your bills on time, especially your credit card and loan payments —late payments of 30 days or more can leave damaging marks on your credit report
  • Opening multiple credit accounts in a short period of time may negatively impact your score
  • Check your credit report for free every year with Equifax, Experian, or TransUnion.
  • Contact a credit bureau if you find any mistakes
  • Remember that your credit score is determined by length of credit history, types of credit, credit inquiries, payment history, and total owed
  • Do everything you can to keep your “creditworthiness” high—that is, how big or small of a risk you look like to lenders