A low credit score makes getting approved for even the most basic things harder. If you suffer from a low credit score, scroll down to learn how to raise your score. What Is Your Credit Score? Your credit score is measured by a specific algorithm recorded by the three main credit bureaus, Equifax, TransUnion, and Experian. However, your score determines what you can and can’t borrow from banks and other lenders. Technically speaking, it is designed to prevent risk to lenders and prevent borrowers from being lent money that they will be unable to repay. There are five main categories ...