Articles tagged with: Credit Score
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Most people are aware of the importance of a good credit score. Not only is it necessary for better rates when getting loans, but the application of the credit score as a measure of how “good” someone is has been extended to employees, renters, medical positions and so on. As such, it is vital to maintain a good credit score.
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All Credit Reports are Not Created Equal — This means that your interest rate is somewhat dependent on whichever credit report your lender uses. This may not sound significant but a few points could mean the difference between being classified from the no credit risk category to the some Credit Risk category or even the default credit risk category. This could mean having several percentage points added to your loan.