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What is a credit score?A credit worthiness summarizes your whole credit profile information into one number. This number is calculated by way of mathematical equation that evaluates various information from the credit file as well particular credit-reporting agency. By comparing these records to the patterns in thousands of past credit reports, scoring identifies your height of credit risk. Your score tells a lender how likely you're to that loan, or make credit payments promptly. The larger your score is, the greater chance you might have of having the credit are applying for.
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