Credit Scores and Identity Theft: How Each Impacts the Other

Your credit score is the one constant used to determine whether you’re approved for a loan – and to set interest and premium rates for credit cards, homeowners and auto insurance, even deposits for new utility service. But that three-digit score itself may frequently change. It’s typical for your score to fluctuate by a few points, based on spending and payment at any given time, information in your credit report (which is constantly being updated), even the passage of time. …