TrueCredit: Only 10% Know Credit Score

Only 10% of those questioned in a recent survey could name their credit score, according to TrueCredit.com, San Luis Obispo, Calif., which commissioned the poll.The survey also found that only one in eight respondents knew that the 650-850 range represents what is deemed a "good" credit score. (An interesting finding was that one in five Americans living in the West were able to identify a good credit score, far better than the national average, TrueCredit said.) "It is shocking how little Americans know about their credit," said John Danaher, president of TrueCredit. "Consumers are in the dark as to their financial well-being, and this is likely costing them billions each year." The survey was conducted by Roper Public Affairs. TrueCredit can be found on the Web at http://www.truecredit.com.