Where Did Credit Scores Come From?

Where Did Credit Scores Come From?

Assessment

Interactive Video

Business

University

Hard

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The video explains the concept of credit scores, their role in determining loan eligibility, and interest rates. It traces the history of credit reporting from the 1800s to the creation of the FICO score in 1989. The video also discusses factors affecting credit scores and offers tips for improving them, such as timely loan payments and checking for errors.

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1 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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