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Social Security

"Social Security" is a federal benefits program that was developed in 1935 by United States. It includes retirement benefits, veteran's pensions, food stamp programs, public housing, and disability income. The funding for this program is funded by a tax levy that is taken from employers and employees equally.

 

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   Credit Score

A "credit score" is a numerical value that summarizes an individual's creditworthiness at a given point in time. The credit score is based upon the credit history and the credit report of the individual and is typically used to determine the ability to qualify for a mortgage loan. The most well-known credit score in the mortgage industry was developed by Fair, Isaacs and Company and is typically referred to as the FICO score.
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