Credit Score

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Storyboard Text

  • Credit score is a mathematical number created to help a lender evaluate the risk associated with lending a consumer money.
  • Having a high credit score means you are more likely to get approved for credit and you get the best interests rates.
  • That's right!
  • Credit history helps a lender determine the terms of credit granted.
  • That means pay bills on time, keep credit card balances low, don't close unused accounts, and apply for credit when needed!
  • Positive credit history = higher credit score!
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