5 Tips for Managing Credit and Boosting Your Score
Credit is complicated. For many, understanding how a credit score is calculated and what the number actually means is often a mystery. But it's critically important and can open doors to many things: a home or auto loan, a credit card or even a job.
Bank of America has recently partnered with nonprofit education leader Khan Academy to create BetterMoneyHabits.com, a free online resource that offers easily digestible information to help people achieve their financial goals. We've received thousands of requests from users asking us for certain types of content. As credit is one of the topics least understood and most asked-for, we wanted to share a few helpful hints on how to crack the credit score code.