A good credit score category is around 660 to 670 on a range of 300 to 850 in the United States. An even better credit score starts at 750. But it takes time, especially if you just moved to the U.S. — but it’s not impossible.
Having a good credit score can be important for many reasons and the difference between having a poor credit score and good credit score can be thousands (sometimes hundreds of thousands) of dollars over your lifetime.
As an immigrant, you faced a lack of credit history when you came to the United States. Since then, you have worked on building it up. A healthy credit score is essential for easily managing your finances and credit applications. Now that you have a credit score, you are wondering how they calculated it.
Your personal information is everywhere. It’s kept in social media accounts, online shopping accounts, financial accounts, and pretty much any other account you set up online or offline. Companies are quick to collect your information but continue to have problems securing it.
Following along with the blogs of financial advisors is a great way to access valuable, educational information about finance — and it doesn’t cost you a thing! Our financial planners love to share their knowledge and help everyone regardless of age or assets.