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Why credit score is very important?

Friday, September 1, 2017, 6:10 AM

Banks consider your credit-score while determining your loan eligibility. A good credit-score will instil confidence about you in banks. Also, the credit score is the first thing that banks check when you apply for credit-card. The bank will reject the application if the applicant has a poor credit score. A good credit score will also help you in getting higher credit-limit on your credit-card.
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