Credit Magic is a credit community dedicated to help people with credit problems and questions. The best thing is, that it is an actual community where users share their opinion and experiences on varios financial and credit problems. There are a variety of themes covered, such as credits, mortages, credit card safety, online frauds, identity thefts and more. It makes very interesting reading, since users are sharing experiences between each other. Credit score is one of the most popular subject there, no wonder since this always a very hot subject.

Since we haven’t wrote about credit score before, here is a short definition. A credit score is an expression in number, based on a analysis of a person’s credit history, to show that person’s creditworthiness. Creditworthiness is the perceived probability that the person will pay debts as agreed with the bank. A credit score is primarily based on credit report information, usually from credit bureaus / credit reference agencies.