3 Steps to Improve Your Credit Score
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whether it’s getting a loan, buying a car, or renting an apartment.
A good credit score can make a real difference in your life,
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If you are trying to improve your credit score,
it’s essential to know what a good credit score is and the steps to getting one.
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This post will cover what affects your credit score, how to improve it, as well as the best way to check your score.
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Credit scores help lenders determine, at a fundamental level, whether or not to give a loan to an individual.
The Role Of Credit Scores In Life
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For example, a person’s credit score can determine the interest rate they receive on debt,
the terms of a loan, and whether they can get a loan in the first place.
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What is a Good Credit Score
Thankfully, the answer to “what is a good credit score” is made transparent by FICO.
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Your credit score is a number in the range from 300 to 850, and Americans with a credit score above 670 have a “good” credit score.
However, as you grow your net worth, it’s helpful to shoot for a credit score as close to 850 as possible.
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