Why is my credit score important?

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cibilcredit
Asked Oct 10, 2016
Edited Oct 10, 2016
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Cryptechwhiz
Answered Dec 06, 2018
Good credit score is important for anyone. You can get a interest rate if you have good credit score. If you have good credit score so you can make solid credit card history, and you should maintain a high credit score because it dramatic impacts on your quality of life.
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jaysonhacker
Answered Dec 21, 2018


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Mikefisher
Answered Mar 20, 2019
Credit score is most important and there is different credit scores from different different credit card company, Most hard money lenders aren’t focused on arbitrary income requirements or credit score, but are interested in the equity and value of the property. If the borrower fails to repay the loan, the lenders will take the property as collateral. Hard money lenders are investors and have a better understanding on how to evaluate real estate as an investment.
To know more you can visit: https://www.hardmoneylenders.finance/
owen2123
Answered May 11, 2019
Credit reports and credit scores are indicators that a financial organization can use to assess your capacity to repay the debt on time. The credit score is thus crucial in determining the risk of an individual or an asset – in this case, you! If your credit score is low, you should work to raise it. This is due to the fact that if you don't meet the high requirements, you won't be turned down outright, but any credit you do acquire will come with a higher interest rate than someone with a higher credit score. As a result, the lower the credit score, the higher the interest rate, resulting in a greater monthly payment. Regularly checking it will allow us all in maintaining a good credit score. To learn more about credit scores or to obtain a free credit report, Visit:https://www.ruloans.com/credit-score.htm
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Answered Sep 30, 2021
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Answered Oct 17, 2021

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