What is a Credit Score? Know factors affecting credit score and its importance for borrowers
You may have come across the term credit score, but what does it mean? Essentially, a credit score is a number from 300 to 900 reflecting an individual’s credit history and reliability as a borrower. A higher score indicates better creditworthiness to lenders. Factors influencing your score include open accounts, debt levels, repayment history, and … Read more
