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Showing posts from May, 2020

5 things you can do to improve your credit score

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Fist of all we need to know about the credit score… What is a credit score ? A credit score is a number that recapitulates information from your credit reports. Score ranges are between 300 – 850. It will be best if the score is in higher range. Foreseeable credit score can be stated by lenders and other consortium appraise the customer based on his credit as well. Where do credit scores come from? There are 3 major credit bureaus (Experian, Transunion, and Equifax) your credit report contains information about loans and credit cards someone had in the past. If any applicant doesn’t have enough credit score lenders would have to spend their expedient for it. If there something comes out like any mistake at applicants report then to estimate the actual credit score there is a computer model which analyze and generate a credit score. There are different types of credit scores for different lending purposes. All those types of sources have more variations. It wi