How is My Credit Score Calculated?
Credit scores can be a bit of a mystery. You have a three-digit number assigned to you, but what does it really mean and how is it determined? This article will cover what a credit score is, the different types of credit scores, and how your credit score is calculated. By the end of the article, you'll have a better understanding of your credit score, what it really means, and what factors influence how it goes up or down. Explanation of Credit Scores 'Credit score' is a general term, and there are several different types of credit scores and several
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Credit scores are a mystery to most people. We all know that your credit score can be important, but do you understand how it is calculated? This article explains the details about how credit scores are calculated. Once you know these facts, you can ensure that you increase or maintain your own score by avoiding common pitfalls.
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