: Landlords, utility companies, and even some employers check your score to assess your reliability. Factors That Define Your Score

Knowing your credit score is the first step toward building financial confidence. It is a three-digit number, typically ranging from , that acts as a financial "grade" for your creditworthiness. Why Your Score Matters

According to Banner Bank and Genisys Credit Union , five key components typically make up your score: 5 things that make up your credit score - Banner Bank

: Lenders use this score to decide whether to lend you money for a home, car, or credit card.

: A higher score often leads to lower interest rates, reducing the overall cost of borrowing.