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What is a Credit Score?

By |2020-03-25T14:06:09+00:00March 25th, 2020|Credit and Credit Reports, SmartMoney Online|

Original Post By Julia Kagan Investopia What Is a Credit Score? A credit score is a statistical number that evaluates a consumer's creditworthiness and is based on credit history: number of open accounts, total levels of debt, and repayment history. Lenders use credit scores [...]

Understanding Your Credit Report

By |2020-03-23T18:56:26+00:00March 20th, 2020|Credit and Credit Reports, SmartMoney Online|

When you apply for a loan or a credit card, your credit score is one of the things a lender will consider in deciding whether to approve you and what rate you qualify for. Scores represent your financial history and range from 300 to 850. Having [...]