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Q: What is a credit score?

Markus - 1 Answers
please members my new question: what is a credit score?, please i need many answers
finance
Z
It's basically a number that shows businesses how financially responsible you are. Most companies will report good credit if you consistently pay bills on time and fulfill financial obligations, while defaulting, missing a payment or paying late will affect your credit negatively. This is mainly used by banks when giving out loans for things like cars and houses and you could be denied a loan with bad credit.
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