3 Of 4 Know Their Credit Score... Do You?

MoneyTips

What's your credit score? If you don't know, you're in the minority – according to the Chase Slate 2018 Credit Outlook.

The 2018 survey found that 77% of Americans know their credit score, an increase of ten percentage points in just one year. With that knowledge comes the desire to improve. Four out of five respondents are taking steps to improve their credit score in 2018, up from 72% in 2017. Are you?

Americans overwhelmingly understand the importance of good credit. Approximately 90% of respondents believe that access to credit is important. Similar percentages of respondents understand the importance of credit when it comes to purchasing a home or a car, applying for a loan or a credit card, or even starting a small business.

A poorer credit score can cost many thousands of dollars over a lifetime due to higher interest rates. You can negate this effect on a credit card by...

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