Your credit score is a number derived from your overall credit report and is based primarily on how well you pay your bills and how much you owe. The higher your score, the more likely you are to get a loan... as well as a better interest rate on that loan.
The score used by most lenders is the FICO score, which is a number that ranges between 300 and 850. VantageScore is another credit score, with numbers ranging from 501-990.
Find out more by following the "Your Credit Score" link below.
Heritage Bank is commited to increasing the financial literacy of our customers and community. Click on any of the topics for tips on good money management, learning more about credit, protecting yourself online, and many more topics. Share what you learn with your friends, children and grandchildren. When it comes to money management skills, learning can never begin too early.