The following questions and answers help explain money and related topics. Let me know in the comments any additional questions about money you would like answered. 1. What Is a Credit Score? A credit score is a numeric rating that creditors use to evaluate a borrower's risk when making lending decisions. Fair Issac Corporation (FICO) created the most commonly used credit score, which is based on the following: Your amount of debt Whether you pay your bills on time How many

My former husband and I were deeply in debt during our marriage. We had three condos with mortgages, two car payments, and significant...