Скачать или смотреть What is a Credit Score in the US? (Complete Guide to the US Public)| bank of America| USA Credit

Your credit score in US can decide whether you get approved for a loan, the interest rate on your mortgage, and even if you can rent an apartment. But what is it really? And how do you make it work for you? Let’s break it down step-by-step
A credit score is a three-digit number, usually between 300 and 850, that shows lenders how likely you are to pay your bills on time."

Explain why it matters for everyday life (loans, renting, job applications in some cases).

Share a relatable example:
"Imagine two friends applying for a car loan — one has a score of 780, the other 580 — the interest rates they’re offered could be very different.
Break down FICO scoring factors:

35% Payment History – paying bills on time.

30% Credit Utilization – how much credit you’re using compared to your limit.

15% Length of Credit History – how long your accounts have been open.

10% New Credit – how many new accounts or inquiries you have.

10% Credit Mix – types of credit (credit cards, loans, mortgage).

Free annual credit report from AnnualCreditReport.com.

Banks and credit card companies often provide free score monitoring.

Difference between credit report and credit score.
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