Photo credit: Cathryn Lavery
We've all heard how important it is to have a good credit score. Having a high credit score is vital because lenders use it to determine how creditworthy you are. But the thing about credit scores is that not many really understand how they work.
Your credit score is a number that falls between 300-900. The higher the number, the less risky you are in the eyes of lenders. What constitutes a “good” score varies by lender and the type of credit you're applying for.
That being said, you should always aim to keep your credit scores as high as possible. Here are six tips to help you improve your credit score.