A guide from the Consumer Financial Protecttion Bureau that explains the ins and outs of student financial aid and repaying loans to help you make smarter decisions about how to pay for school.
Your credit score is a number between 0-800 based on the age and type of credit accounts you have, your ratio of utilized to available credit, and your on-time payment history. Lenders, employers, and landlords look at your credit score as part of their approval process, and a lower score often results in higher interest rates.
