Credit scores are one of the most important financial numbers. Credit scores not only affect the interestA charge for borrowing money, most often based on a percentage of the amount owed. More rateThe percentage which, when multiplied by the face amount or principalThe amount of money you borrowed or deposited, excluding any accumulated interest. Some examples include:
• Credit cards: The amount of purchases you have made but not paid on your credit card ... More of a financial instrumentAny investment that you purchase. Examples include an exchange-traded fund, a mutual fund, stock in an individual company, a bond and a money market fund. There are also many more complex financia... More, such as a bondA form of debt issued by government entities and corporations. More, savings account or loan, determines the amount of interest …