Money and Finance: #59: Credit, Money Management, and Saving

I read the article "How credit scores work, " and I took the credit score quiz. I learned that the main type of credit score is called FICO because it originated with Fair Isaac and company. Also, I learned that the credit scores range from 300 to 850. I didn't know that. Also, paying your bills on time is the most important part of gaining a good credit score. Another thing I didn't know was that research shows a correlation between lower credit scores and increased insurance claims. That's why your credit score is important in getting insurance. I will write more later as I get further into the course.