Economy

Your Credit Score Demystified

Your Credit Score Demystified

Your credit score, often referred to as your FICO score, is the single most important number in determining if you can borrow money from mortgage, auto or personal lenders. This score also determines the interest rates that lenders will charge you. And if you’re applying for a job, you might be surprised to learn that many companies check credit scores when weighing the merits of applicants.

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