A credit score is nothing more than a number. It is a number that can determine what interest rate you will receive on automobile loans, home loans, and credit cards. Hopefully that number accurately represents the creditworthiness of a person. Banks want it to be accurate because they want to mitigate any losses on the loans they make.

But what really goes into this number? Financial Infographics has created an infographic to show what goes into a credit score, some myths about them, and the average credit score by state.

Credit scores can be a complicated thing to understand. This short guide will help you better understand your credit score, and credit scores in general.

Click on the link below for the full graphic.

Your Credit Score Demystified @ Financial Infographics