Your credit score is at the core of measuring your financial health as it tells the lenders how good you are at using credit within limits and paying it off. A higher credit score makes it easier for you to get new lines of credit and loans.
Additionally, a higher score may even allow you to secure lower interest rates on your loans. If you want to ensure that your credit score stays at an optimum level, you must understand its components. Knowing what can improve or worsen your credit score can help you navigate this financial terrain efficiently.
What is a […] Read more