You probably still have questions about what getting a new card might mean for your credit score, so let's get into some more detail
about credit scores in general.
However, there are some little - known
facts about credit scores that you should know — for example, do you know the five categories of information that make up your score?
The overall findings show that consumer
knowledge about credit scores is improving, including that 78 percent of survey respondents were aware that they have more than one credit score.
You probably still have questions about what getting a new card might mean for your credit score, so let's get into some more
detail about credit scores in general.
Despite what you commonly
read about credit scores, I'm not convinced that you can radically boost your scores by having lots of open credit card accounts.
They may not be so
keen about credit score but private lenders are wary of the risk posed by the bulk of their clients.
In fact, there are different types of credit, and to be truly
savvy about your credit score and how you manage your finances, it is crucial to understand each type.
If you've been following the recent posts
here about credit scores, you already know that your credit score is an important part of your overall financial health.