Tuesday, 7 February 2023
Your Credit Score 101
What is your credit score and how does it affect you? In this infographic we help you understand what you credit score actually means and when it will come into play.
Your credit score is a numerical score that tells prospective lenders how trustworthy you are as a borrower.
The higher the score, the better your credit rating is. A low score equals a poor credit rating and tells lenders that you are a risky prospect for a loan.
This may result in your being rejected for loans and may impact your future.
Below, you can find out what you credit score actually means and how it’s calculated so you can help futureproof yourself against bad credit.
since version 3.0.0 with no alternative available. Please include a comments.php template in your theme. in
You're an Australian resident
Leave a Reply