When you apply for a loan, a financial institution will ask you for a credit report that contains your credit score. If the credit score is too low, the loan may be denied, or its conditions may be not favorable (e.g., a higher interest rate). In order to avoid this issue, you have to keep you credit score high, or adjust your lifestyle and behaviors to improve it.

1) Explain in your own words what a Credit Score is. What is a good credit score? 2) Estimate your credit score using this link. Is your credit score good? Which factors contributed to your result? 3) Think about how you can improve your credit score. Provide at least three ways that it could be done.

Submit your responses in at least 3 paragraphs