Tuesday, December 16, 2008

What is a Credit Score?

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You credit score is a number based on the information in your credit file that shows how likely you are to pay back on time. The higher your score, the less risk you represent. The credit score that lenders use is called a FICO score. You FICO score helps a lender determine whether you qualify for a loan and what interest rate you will pay.

Related Links:

Credit Score…

Consumer Website for Credit Information:

What Are The Three Credit Agencies?

What is in a Credit Report?


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