4 Easy Tips to Build a Good Credit
Credit is prevalent in our daily life now. From buying of movie tickets with a swift paywave transaction to purchasing of your dream home with a mortgage, credit is used. When speaking of credit facilities, urban dwellers like you and I would find them familiar, holding at least a credit card, car loan or mortgage, just to name a few. Just in the recent year of 2016 alone, over 1.7 million credit applications were made. (CBS Consumer Credit Index) Having a good credit score is an important part of your financial life. A credit score is a number that indicates the probability of an individual going into a default. It is an independent assessment of the individual’s risk as a credit applicant, and how likely he or she is to repay his debts. Banks and lenders love consumers with good credit score. If you have a good credit score, it will be easier for you to obtain credit and help you to achieve the many financial milestones in your life, such as owning your dream house or starting your own business. Here are 4 easy tips that can help you in building a good credit score. Get your credit report
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