Your credit score is used by financial institutions and lenders to determine how much money you may borrow for a loan or credit card. A higher credit score may mean lower interest rates and better credit limits, while a low score could mean you get denied for credit. What does your score mean, and how do lenders – and even landlords and employers – use it to determine their decision? Here’s how. Your credit score is calculated based on several financial factors. Credit scores are based on … [Read more...] about How Can You Improve Your Credit Score?
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