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Carrington Mortgage Services, LLC Learning Center

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Credit Score

What is a credit score?

Are you looking to improve your credit score but not sure where to begin? Credit scores are a cornerstone of many financial decisions, so it's important to understand what goes into them. We'll provide an overview of what credit scores are and how they're calculated—so you can start taking steps towards improving yours today.

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Tips on Improving Your Credit Score

Lenders use many factors to evaluate a customer’s loan application, and credit scores are one important factor. Based on the information in your credit report, a credit score is generated. The better your credit is, the more likely it is you will be approved for a loan, at the best possible interest rate the lender has to offer.

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