A three-digit number—your credit score—can be the difference between you getting a loan to buy a home or not. But understanding that number, which ranges from 300 to 850, can feel complicated at times. And moving it higher can be downright daunting.
Luckily, TheStreet is here to help by answering two key questions. First, what is your credit score? And second, how can you bring it higher?
How to figure out your credit score:
There are a couple methods to finding out your credit, some which negatively impact your score, and others which don't.
If you have a credit card, you'll find that most credit car issuers provide free access to your credit score. For example, if you have a Chase credit card, you can check online at Chase Credit Journey.
However, you can also check your score by using a free credit score service, like annualcreditreport.com. According to the Fair Credit Reporting Act (FCRA), you are eligible for a free copy of your credit report once every 12 months.
How to raise your credit score:
If you've gotten that three-digit number, but don't love what you're seeing, you can slowly raise it by following a number of tips. Watch the quick video above to see how you can improve your credit score—and what number you should be aiming for.