| TransUnion is an international credit-scoring | | | | credit score can, and will, influence many |
| agency which helps lenders make decisions on | | | | aspects of your life and can make a credible |
| your credit application. Credit comes in many | | | | difference in your quality of life. If you |
| shapes and sizes-from car loans to credit | | | | have a poor credit score with TransUnion and |
| cards, personal loans to mortgages. Every | | | | other credit scoring agencies, you may not be |
| time you apply for credit from a lender, they | | | | able to purchase a house or a car. |
| check your credit score with a company like | | | | |
| TransUnion. | | | | In today's society, it is nearly impossible |
| | | | to get by without a credit card. Many |
| Different lenders use different methods of | | | | companies require you to give them your |
| credit scoring-which makes your credit score | | | | social security number and a credit card |
| a fluid and changing number. From one week to | | | | number as security and identification as to |
| the next, your credit score can change either | | | | who you are. Lenders rely heavily on your |
| positively or negatively. Many things affect | | | | credit score to either advance or deny you |
| your credit score, including how and when you | | | | credit with them. |
| pay your bills, your outstanding debt | | | | |
| balances and how much credit you have. | | | | It is important to keep an eye on your credit |
| | | | score-this way you can know whether you are |
| Too much credit is not a good thing-a high | | | | positively or negatively affecting your |
| balance of debt or high limits on too many | | | | chances at credit. |
| credit cards can affect your credit score | | | | |
| negatively. By paying your bills on time and | | | | Credit scores are affected by the severity |
| only applying for credit as you need it, your | | | | and number of late payments, the age, type |
| credit score is impacted positively. | | | | and number of credit accounts you have, your |
| | | | total debt and recent inquiries for your |
| Your credit score should remain as guarded a | | | | credit score. However, credit scores are not |
| possession as your social security number and | | | | affected by your personal data, such as race, |
| your credit card numbers themselves. Your | | | | age or marital status. |