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25 bizarre facts you probably didn't know about credit scores

Mediafeed Logo By David Patrick of Mediafeed | Slide 1 of 27: Credit. Love it or hate it; it’s part of your financial life. Your credit score can affect whether you get approved for a home loan, a credit card, and in some cases, hired for a job. But just how did the credit score come to be? And why is it so important to your financial life?Whether you’re just starting your journey to boost your credit, or you’ve spent some time making moves to improve your finances, it’s useful to know how the credit scoring system came to be and how credit scores work. Here are 25 weird (and useful) facts about credit scores to help boost your knowledge.Related: 8 simple pieces of advice from Warren Buffett that any investor can use

25 weird facts about credit scores

Credit. Love it or hate it; it’s part of your financial life. Your credit score can affect whether you get approved for a home loan, a credit card, and in some cases, hired for a job. But just how did the credit score come to be? And why is it so important to your financial life?

Whether you’re just starting your journey to boost your credit, or you’ve spent some time making moves to improve your finances, it’s useful to know how the credit scoring system came to be and how credit scores work. Here are 25 weird (and useful) facts about credit scores to help boost your knowledge.

Related: 8 simple pieces of advice from Warren Buffett that any investor can use

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