What is a Credit
Score?
A credit score,
sometimes called a credit rating, is a calculated ‘measure of risk.’ Calculated
using a number of different factors, your credit score represents the risk
factor that a lender will be assuming when providing you with credit for a
mortgage, loan, credit card etc. Not only will it affect a lender’s decision on
whether or not to offer you credit, but it will also affect the interest rate
they you are given and the amount of money you will pay back.
LEARN HOW TO REPAIR YOUR BAD CREDIT
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