Your credit is extremely important to your financial prosperity. It enables you to used leveraged money to buy a house, get a credit card, or buy a car. So it is extremely important that you check your credit report often to see where you stand and if there are any discrepancies in the credit reports. There are many ways to get your free credit report. Below, here are several of the ways you can do so.
Fair Isaac (the company that invented the FICO scoring system) does not give out the exact formula for computing your FICO credit score. However, we do have something to work with—the factors that weigh on your credit and its exact percentages. Your credit score is calculated using the following five factors. They percentages is how heavily it weights on your credit score.