Too Long; Didn't Read
The Consumer Federation of America (CFA) and VantageScore Solutions examined how much Americans know about their credit system. The average score might have surpassed the previous year’s number of 701 but 40 percent of the American citizens have no clue about how this pivotal number is calculated. The survey highlighted that most of the people were able to recognize ways to either increase or keep their credit score high. The findings also suggested that there is a spike in interest towards the know-how of the credit process than ever before.