How to Check Credit Score in the US and How to Improve It

Liputan6.com, Jakarta - Are you aware of how to check credit score? Your credit score is a crucial number that influences various aspects of your financial well-being. It determines whether you qualify for loans, credit cards, or even rental agreements. Keeping track of your credit score helps you make informed financial decisions and avoid potential setbacks.

Many people do not realize they can access their credit scores for free and that different sources may provide slightly different scores. If you fail to check your credit score regularly, you may overlook errors that could negatively impact your financial standing. Monitoring your credit score helps you stay in control of your financial health and address any issues quickly.

In this article, we will cover what a credit score is, why it matters, how it is calculated, and several ways how to check credit score. Additionally, you will find practical steps to improve your credit score over time. We gathered the information from various sources, Monday (23/2/2026).

A credit score is a number that shows how reliable you are at paying back borrowed money. It helps lenders check out how likely you are to repay borrowed money. Your credit score is derived from information found in your credit reports, which are compiled by three major credit bureaus: Equifax, Experian, and TransUnion.

Credit scores typically range between 300 and 850. A higher score indicates responsible credit management, making it easier to qualify for loans with favorable terms. On the other hand, a lower score may limit your borrowing options and result in higher interest rates.

Several factors contribute to your credit score, including your payment history, total outstanding debt, and length of credit history. Knowing how to check credit score helps you to regularly review it to provide valuable insights into your financial standing.

Your credit score plays a significant role in your financial opportunities. A strong credit score makes it easier to secure loans, obtain credit cards, and even rent a home. It also affects your ability to get lower interest rates, which can save you money over time.

Lenders use credit scores to evaluate financial risk. A high credit score suggests that you are a responsible borrower, which can result in better loan offers. In contrast, a low credit score may lead to loan denials or higher interest rates.

Additionally, some landlords, insurance providers, and even employers may check your credit score when making decisions. Maintaining a good credit score opens doors to better financial opportunities and ensures greater stability in the long run.

Credit scores are calculated based on data collected from your credit report. The three credit bureaus gather and update this information regularly. Your credit score is determined by the following factors:

1. Payment History: Making on-time payments is the most critical factor in maintaining a good credit score.

2. Credit Utilization: The amount of credit you use compared to your credit limit plays a key role in your score.

3. Length of Credit History: Having long-standing credit accounts can positively impact your score.

4. New Credit Inquiries: Applying for multiple new credit accounts in a short time can lower your score.

5. Credit Mix: A diverse credit portfolio, including credit cards, auto loans, and mortgages, can be beneficial.

Understanding how these factors influence your score allows you to make informed decisions about your financial habits.

There are several reliable ways to check your credit score. Here are some of the most common methods:

1. Review Your Credit or Loan Statements: Many banks, credit card issuers, and financial institutions provide free credit scores to their customers through monthly statements or online accounts.

2. Consult a Credit or Housing Counselor: Nonprofit organizations and government-approved credit counselors can offer free credit reports and guidance on managing your score.

3. Use a Credit Score Service: Some websites and financial apps provide free credit score access. However, some services may require a subscription for additional features.

4. Purchase Your Score from a Credit Bureau: You can buy your credit score directly from Equifax, Experian, or TransUnion.

Checking your credit score regularly ensures accuracy and helps you identify any potential issues before they become major problems.

Improving your credit score requires consistent financial habits. Here are a few essential tips to enhance your credit rating:

1. Make Timely Payments: Paying bills on time is crucial for maintaining a good score. Set up automatic payments or reminders to avoid late fees and prevent damage to your credit history.

2. Reduce Your Credit Card Balances: Keeping balances low on credit cards helps improve your score. Try to use less than 30% of your available credit limit to show responsible usage.

3. Monitor Your Credit Report for Errors: Errors in your credit report can hurt your score. Check your report regularly and dispute any mistakes with the credit bureau to ensure accuracy.

4. Limit New Credit Applications: Applying for too many new accounts at once can lower your score. Only apply for credit when necessary to prevent multiple hard inquiries on your report.

5. Keep Older Accounts Open: The length of your credit history matters. Keeping older accounts open and in good standing can positively impact your credit score over time.

By following these steps, you can build a solid credit history and increase your creditworthiness over time.

Knowing how to check credit score is essential for financial stability. Regularly reviewing your score helps track progress, fix errors, and improve your rating. A strong score leads to better loans, lower interest rates, and greater financial opportunities. Monitoring your credit score can help you stay on top of your finances and avoid potential issues. Take control of your credit today and secure a better financial future.