The Evolution of Credit Scores- Decoding the Year They Began to Shape Financial Histories

What year did credit scores start? This question delves into the history of credit scoring, a critical component of the financial system that has evolved significantly over the years. Understanding when credit scores began can provide insights into how this system has shaped the way individuals and businesses manage their finances and borrow money. Let’s explore the origins of credit scores and the pivotal year that marked their inception.