Credit Cards - Credit Score

  • A number assigned to a person that indicates to lenders their capacity to repay a loan.
  • The higher your credit score is the better.
  • If your credit score is high you will be able to get many benefits such as higher loan amounts, lower interest rates, and could even help you with your mortgage.
  • What factors make up a credit score?
A number assigned to a person that indicates to lenders their capacity to repay a loan. The higher your credit score is the better. If your credit score is high you will be able to get many benefits such as higher loan amounts, lower interest rates, and could even help you with your mortgage. What factors make up a credit score?