What is a Credit Score?

A credit score is a numerical representation of your creditworthiness based on your credit history. It influences loan approvals, interest rates, and sometimes even rental applications.

Why Credit Scores Matter for Budgeting

A good credit score can save you money on interest payments, which affects your budget. Poor credit may lead to higher costs and limited financial options.

How to Improve Your Credit Score

• Pay bills on time consistently.
• Keep credit card balances low.
• Avoid opening unnecessary new credit accounts.
• Regularly check your credit report for errors.