Security experts say that while sharing a credit score – or related grade – alone is not directly harmful, it can make you vulnerable to scam artists looking for easy targets. While TransUnion offers the Facebook share button, other credit bureaus, including Experian and Equifax, do not.

Why is your credit score such a secret?

The person or company lending you money for a home, car or credit card splurge, knows your score and uses it to justify the interest rate you are charged for that loan. Knowing your score helps you guess at how they arrived at that interest rate.

What is the true credit score?

The base scores range from 300 to 850, while industry-specific scores range from 250 to 900. Both types of scores are intended to predict the same thing: the likelihood that someone will be 90 days late on a payment within 24 months.

Can money ruin your life?

If you make enough poor financial decisions, money can begin to destroy your life. However, if you prioritize making money too highly, you can also negatively affect your life. In addition to your credit and your financial future, relationships can be damaged if you focus too much on money.