A credit score was first developed in the 1950's. Today, it is recognized as one of the most significant aspects of your financial journey, but why? Let's talk all about credit scores and how the most widely used credit score, FICO, is calculated.

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Videos on Dollar for Dollar are designed to be educational, but before making any major decision you should consult your financial advisor. The views and opinions expressed in this video are mine alone. As a viewer, you should research any and all points and suggestions presented before taking action.