NEW YORK (PIX11) — A good credit score has a major effect on your financial future.

That three-digit number tells banks how much of a risk it would be to loan you money. It impacts everything from mortgages to car and school loans. 

A recent report found 22% of Americans do not have credit at all, and 11% have a poor credit score.

Shazia Virji, general manager of credit services Credit Sesame, joined the PIX11 News to offer tips to improve your credit this year. Watch the video player above for more on this story.