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The importance of a having a good credit score
Fundamentally your credit score shows a lender, how credit-worthy you are. As a potential borrower, the higher your credit score, the better the interest rates you are likely to be offered. Whether you buy a car or a house, if you have a higher credit score, it is taken for granted that you are a responsible person, who makes payments on time, and therefore get a better rate than the person that with a lower credit score.
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