Credit score
Numerical expression representing a person's creditworthiness
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Credit score (1) · CBS Saturday Morning (1) · Financial literacy (1) · Credit utilization (1) · Interest rates (1) · FICO (1) · Debt management (1)
📖 Key Information
A credit score is a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of an individual. A credit score is primarily based on a credit report, information typically sourced from credit bureaus.
Lenders, such as banks and credit card companies, use credit scores to evaluate the potential risk posed by lending money to consumers and to mitigate losses due to bad debt.
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🇺🇸 Ways to build and maintain good credit
"CBS Saturday Morning" dives into ways people can raise and maintain their credit score....
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