Credit

Higher FICO® Scores save you money on loans by qualifying you for lower interest rates, which can save you thousands over the life of the loan.

Credit Karma's Credit Score Simulator will help explain why and how certain actions change your credit score. Use the Credit Score Simulator to see what could happen if you increase your limit or close a credit card.

Credit scoring is supposed to fix the problem, isn't it?

The Federal Reserve Board of Governors in Washington DC.