))
What Is an Excellent Credit Score?
Manage episode 324650460 series 3325287
Indhold leveret af Hardik. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Hardik eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
When a lender wants to know how likely you are to repay your loan or credit card balance, it looks at one of your credit scores. This three-digit number represents whether you’re an excellent credit risk, a poor risk, or somewhere in-between.
Click on this link to know about the best yes bank Credit Cards: https://www.reddit.com/user/cardinsider/comments/ttmx6p/5_best_yes_bank_credit_cards/
If you have an excellent credit score, credit card issuers and lenders are more likely to approve your applications. An excellent credit score might also help you qualify for the best credit cards, lowest interest rate, and most favorable terms a lender has to offer.
What Is an Excellent Credit Score?
The definition of an excellent credit score may be different depending on who you ask. Every credit card company and lender sets its own credit score criteria. So, the credit score thresholds you need to reach for approval, lower interest rates, and better borrowing terms can vary from one credit grantor to the next.
Click here to get to know about Best yes bank credit cards
What Are the Credit Score Ranges?
Your credit score range can fluctuate from very poor/poor to exceptional/excellent. It all depends on (a) the information on your credit reports and (b) the credit scoring model a lender uses to evaluate those details.
Why Is an Excellent Credit Score Important?
Your credit scores can have a direct impact on your ability to get a mortgage, take out a car loan, and open a credit card account. Credit also plays a role in how much money you can borrow and how much it will cost you to do so.
33 episoder
Del
