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Poor credit score could lead to your home loan application getting rejected

Poor credit score could lead to your home loan application getting rejected

Wednesday, March 8, 2017, 6:04 PM

Banks often check the credit score of an applicant before sanctioning a loan, as the scores tell a lot about the lending and repayment habits of an individual, thus indicating potential for repayment. Usually, a credit score over 750 is considered healthy for lending. A credit score below 750 could lead to trouble getting a loan.
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