Credit Management

Building credit and maintaining a good credit history are key steps towards building your financial future. At first, credit may seem frustrating — you can't get credit because you’ve never had credit. But there are actions you can take to start establishing a strong credit history.

Your credit score is one of the most important measures of your creditworthiness, and it’s based on metrics developed by Fair Isaac Corporation (FICO^®). The higher your score is, the less risky you are to lenders.

Your credit report tells potential lenders how responsible you’ve been with credit in the past. When you apply for credit, lenders can legally request this document from one or more of the credit bureaus (Experian^®, Equifax^® and TransUnion^®) to assess how risky it is to lend to you.