Credit scores are used by banks and other lenders who provide loans, mortgages, credit card companies, and even car dealers financing auto purchases, to make decisions about whether or not to offer you credit and what the terms of the offer (such as the interest rate or down payment) will be. With your hard-earned money…
In today’s world, our economy runs almost entirely on credit. Having a good credit score makes it much easier for a person when it comes to dealing with banks and taking loans and mortgages. This is especially important for businessmen and investors as they have to deal with banks on multiple occasions on a regular…