Credit is an imperfect but essential tool for financial security—without it, most people couldn’t buy a home or finance key expenses. Yet errors in credit reports, exploitative practices, and a system that puts the burden on consumers can undermine financial stability. Here’s how to assert your rights and protect your credit.

FICO is shaking up its credit-scoring methods, prompting industry observers to watch closely for its effects on mortgage lending. Though details remain limited, experts are weighing whether this shift could ultimately transform how home loans are approved.