March 2nd, 2008
Good Credit Score Range
Credit scoring is a system used by some creditors to determine whether to give you a loan or credit card. The creditor may examine your past credit history to evaluate how promptly you pay your bills and look at other factors as well, such as the amount of your income, whether you own a home, and how many years you have worked at your job. If a creditor considers a factor important you may be awarded points for those factors.