Why Getting a Good Credit Score is Important

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A good credit score could mean better terms on your loan. It could also be the difference between being approved or denied for a loan in the first place.

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Essentially, a credit score is a number ranging from 300 to 850 to help lenders determine the likelihood that you’ll pay your loan back to them.

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Many factors can impact your credit score. Some more than others, but each aspect is just a piece of the puzzle when lenders look at the risk level associated with lending you their money.

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Your Debt

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Credit Card Usage

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Credit and Loan Applications

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SWIPE UP TO READ MORE!

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