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Yes it's an asset. No it's not a tangible asset. You also likely won't be able to calculate a reasonable price for a specific credit score. It's an asset as much as an idea you have. Mostly negligible in value unless/until you can figure out what to do with it. Edit: as per JoeTaxpayer's comment: It's an asset that provides value passively and could save ...


1

The answer comes down to semantics. Common sense would lead you to "no" because most people think of tangible assets when referring to "assets" related to personal finance. Assets can usually be directly converted into cash somehow - i.e. a car, a house, etc. If you want to use a dictionary definition and include intangible assets, it's more of a semantic ...


1

A high credit score is not an asset. In fact once a person gets above "good" it is mostly meaningless. Also, during a moment of weakness, it may be a detriment. Anything above good qualifies one for the best possible rates on mortgages, so no real help there. What is the real determinant is income. A person with an 820 credit score will not be able to ...


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