The credit score - Deepstash

The credit score

The credit score

The credit score

It is a three-digit number that lenders use to assess your creditworthiness and your ability to pay your bills on time.

  • The score ranges between 300 and 850.
  • The higher the score, the more creditworthy you are, and the more likely lenders will lend you money at a lower interest rate.
  • The FICO score is the most widely used, but there are also other systems.
  • Your history of payments determines your score as well as your credit utilisation.
  • Your credit report determines your credit score.

36

165 reads

CURATED BY

pai

Music geek. Coffeeaholic. Travel advocate. Social media maven. Certified tv guru.

It's time to

READ

LIKE

A PRO!

Jump-start your

reading habits

, gather your

knowledge

,

remember what you read

and stay ahead of the crowd!

It takes just 5 minutes a day.


TRY THE DEEPSTASH APP

+2M Installs

4.7 App Score