Final answer:
The four main ways to view a credit score are by checking your credit card statement, using a free credit score service, requesting a credit report, and using a credit monitoring service.
Step-by-step explanation:
The four main ways to view your credit score are:
- Checking your credit card statement
- Using a free credit score service
- Requesting a free credit report
- Using a credit monitoring service
Understanding your credit score is crucial as it impacts loan approvals and the interest rates you may face. A credit score is influenced by factors such as your repayment history and current debt levels. Starting with a credit card from a bank or store can help begin the process of building credit. However, be mindful of high interest rates that can accrue on balances. Regular monitoring of your score can alert you to potential identity theft or errors that may impact your creditworthiness. Using credit responsibly means managing debt efficiently and building a solid basis for financial decisions, like purchasing a vehicle or home.