NEW YORK ( MainStreet) -- 850.
That was the number inexplicably printed on a letter Bank of America sent me along with a notice of approval for a new credit card I wanted. It’s the highest score you can get on a metric that banks and other lenders use to determine if you are likely to repay the money you borrow.
You won't get a mortgage or a credit card without a good score, which, according to Susie Henson, a spokesperson for Experian, one of the three credit bureaus in the U.S. that track your credit score, is meant to answer this question:
“What is the likelihood that this consumer is going to go delinquent on this debt within the next 24 months?”
Not only was I credit worthy, according to Experian, the bureau Bank of America used, I had perfect credit.
How did I get it?