25taliqblack
Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

your credit score cannot be used to help you

Sagot :

70019906

Answer:

A credit score is usually a three-digit number that lenders use to help them decide whether you get a mortgage, a credit card or some other line of credit, and the interest rate you are charged for this credit. The score is a picture of you as a credit risk to the lender at the time of your application.

Explanation:

abbusaicharan02

Your credit report does not include your marriage status, medical information, purchasing habits or transaction details, income, bank balance, criminal history, or education level.

Why don't you take care of your credit score?

Without a good credit rating and history, experts say it's hard to qualify for a mortgage or car loan, and it's even higher because you don't get the highest interest rates. In many states, bad credit can actually increase insurance premiums, cover rental housing costs, and make employment difficult

Payment history is the most important factor in determining creditworthiness. Payment history accounts for 35% of the FICO® score. The other four factors included in the credit score calculation make up the remaining 65%.

Learn more about credit scores here: https://brainly.com/question/23024185

#SPJ2

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.