Credit Score Report Check 2019
Finance | 3.0MB
- you can calculate your Credit Score for free.
First, your credit score is based on your credit report. A lower credit score can cause your interest rates to rise or you could be denied credit. Your credit report also lists past addresses and employers.
A. What is a credit score?
A credit score is an indicator of a borrower’s ability to make credit payments on time. It is calculated after evaluating multiple information patterns such as your past credit report, loan payment history, current income level, etc. A higher credit scores increases your chances of getting a low interest loan from a financial institution.
A credit report is a crucial element nowadays simply because there is a lot of risk involved in lending money, and banks are very cautious with it. Before lending money the bank needs to make sure that you don't have any unpaid bills or bad debts. So for that reason they check your credit ratings.
B. Why is it important for me to know my credit score?
Knowing your credit score enables you to make better credit decisions. Almost all financial lending institutions evaluate your credit score before approving your credit application. Having a bad credit score increases the chances of your loan application being rejected. Flipside, a good credit score improves your chances of negotiating a lower interest rate.
** This app only acts as an interface. All information displayed is loaded from other websites.
** Neither developer of this app nor software has any association with Any Bank.
** This app does not store any information provided by the user like username/password, etc..
** This app is not an official Credit Score.