If you’ve ever set up a credit card, you’ve likely heard the term “credit score.” This number helps creditors determine how likely you are to pay bills or pay back loans should you borrow money. This ...

This article originally appeared on Moneywise.com under the title: The way your credit score is calculated is about to change ...

The holiday season makes it easy for people to lose track of bills and how much they're spending. If your credit score drops, it could be a sign you are utilizing too much of your available credit.