Learn about credit scores

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How a good credit score can help you

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getting a better interest rate on a mortgage, and even renting an apartment.

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So read on to learn everything you need to know about credit scores!

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Credit scores measure your creditworthiness, while FICO scores are used to predict future credit risk.

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Credit utilization ratio (CUR) is the percentage of a credit line that’s being used compared to the total credit line.

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How to build strong credit?

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It typically takes around 18 months for a credit score to improve by 100 points.

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That means it could take up to two years for your credit history to be completely rebuilt.

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Credit is important for your overall financial stability.

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A good credit score can help you qualify for loans, get lower interest rates on car and home loans, and even get discounts on goods and services.

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There’s no one-size-fits-all answer to this question since the factors that affect your credit score vary depending on your individual situation.

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