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HOW CREDIT SCORING WORKS

On November 29, 2017, Posted by , In SCORING WORKS, With Comments Off on HOW CREDIT SCORING WORKS

Credit scoring is a method that lenders use to assess the credit risk of a loan applicant. The score is a number that rates your likelihood to pay back a loan. Scores range from 350 (high risk) to 950 (low risk). Depending on where you fall in that range will…