We put together a series of questions for students at a couple of universities. 56% of students said they have what they would consider having an above average knowledge about their credit scores. However, after completing this short questionnaire, the percentage of those that answered correctly was 28%. That is not above average. Want to try the questionnaire, here it is -https://www.surveymonkey.com/r/CreditScoreSurvey

When reviewing a credit situation or teaching a class on credit scores, it is always interesting to get feedback. People always state that they know a lot and are an “A” student in understanding their credit score. After a review is complete however, they quickly discover that many important points have been completely overlooked, and their credit score understanding is more like a “D”. As one professor put it, “The vast majority of individuals do not even have any fathom idea of all the factors impacting their credit scores.”