1. What is the range of credit scores?

Credit scores typically range from 300 to 850, with a higher score indicating better creditworthiness.

2. How can I check my credit score?

You can check your credit score through credit bureaus such as Experian, Equifax, or TransUnion, or use free credit score services like Credit Karma or Credit Sesame.

3. How often should I monitor my credit report?

It’s a good idea to review your credit report at least once a year. You’re entitled to one free credit report from each of the three major credit bureaus annually.

4. Can I still get a loan with a low credit score?

Yes, but it may be more challenging to find a lender willing to approve your application. You might also face higher interest rates and less favorable terms.

5. How long does it take to improve my credit score?

Improving your credit score may take time, as it’s based on your credit history. Consistently following good credit habits, such as paying bills on time and keeping credit utilization low, will eventually lead to an improved score.