Is a high credit score important?
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If you have started reading and you don’t know what a credit score is, don’t worry, if you stay and read, you will know in a few seconds.
A credit score is nothing more than a three digit number and is reflected in your credit report, it varies in (numbers) between poor, sufficient or normal, good and excellent and allows any entity to judge your ability to comply.
This score is the one that the entities use to see the solvency that the client has when applying for a loan or service of any kind. In short, this score in your report is the one that shows the creditor the guarantee that you are going to comply. The higher the score, the more chances you have of getting what you are looking for financially speaking.
On the other hand, it is worth mentioning that just as you can obtain benefits with a good score, you can also lose and close doors by having a very low score. Therefore, it is crucial to maintain, if you already have a high score and if not, try to get it.
So if you thought it was not so important to have a good score, I am sure you have already changed your mind! Don’t put off until tomorrow the score you can fix today. It’s better that the time you spend on your numbers going up, rather than the other way around.
