A credit score, the most common of which is a FICO Score, is a universal way for financial institutions to judge the risk associated with a customer. In order to have a credit score in the US, you must have a credit history. A credit history is a record of repayments, or lack thereof, against loans, credit cards, and other forms of debt. A Boro loan helps you build credit by making successful payments that are recorded in your credit history. Read our blog to learn what is a credit score and why is it important.