Le Crédit Américain. YOUR CREDIT SCORE AND SOCIAL SECURITY NUMBER.

All your credits are just based on these numbers. But what are they?

Credit Score:
3 These figures are calculated in a somewhat mysterious to most people but it is important to know them and know how to use it.
The credit score represents your value as a customer; do you pay your bills, do you pay them on time …
3 different companies grant you a score; Equifax, Transunion and Experian. They calculate your score based on your payment history, your debt ratio, length (plus you have an account longer, the better), your new credit, and types of credit you have (for example it better to have a credit card with a bank with a department store, it does not weigh the same).
What if your score is not fabulous? Well, first of all, get your free credit report (offered once a year). And then improve it; check if there are no errors, report errors to the 3 “credit bureau” and regularly check your “credit report.” Feel free to contact the companies that have gone forward your credit on your report.
After that, only your good habits in terms of finances will help improve your score.
Know that your score affects not only on a loan but the interest rate that will be offered.

The Social Security Number:
Also known by its acronym SSN, it is an essential other number. This is a number that is personal to each individual and is granted not only to American citizens but also to green card holders or certain types of visa. This number is used to pay your taxes, you receive social benefits and get your credit as it is unique to each person and attached to your credit report.