April 12, 2022
Your credit score is very important, especially when it comes to getting a mortgage or purchasing a car. Your credit scores help lenders determine whether you can repay a loan based on your past financial performance. A higher score can qualify you for better interest rates, higher credit limits, and more types of credit than you would with a lower score. Your credit score is determined by many aspects. Check out below the five major areas effecting your credit score and the different ways your can improve your credit score!