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credit score tips

4 Ways to Improve Your Credit Score

4 Ways to Improve Your Credit Score

Posted On: March 11, 2024 by Prevail Bank in: Banking

How can I improve my credit score?

Your credit score is important because it reveals how dependable or risky you are as a borrower based on your history. The table below was borrowed from the Bajaj Finserv website. It summarizes what a credit score range signifies and the probability of a loan approval. In this blog we will provide you with 4 ways to improve your credit score.

Is your credit score affecting your life in a negative manner? Improve it. Here are some helpful tips...

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Tags: credit score, credit score tips, financial education, Ways to Improve Your Credit Score

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What is a Credit Score & Why Does it Matter?

Posted On: October 23, 2023 by Prevail Bank in: Banking, Business, Digital Banking, Home Loans

 

Are you in the market for a car, apartment, or your very first home? If you answered yes to any of these, then you should focus on understanding credit scores and why they are essential.

What is a Credit Score?

A credit score is a 3-digit number (between 300 to 850) that your lender will use to determine your creditworthiness. Think of your credit score like a report card – it shows whether you've been meeting your debt payments on time. The lender uses...

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Tags: Credit Report, credit score, credit score tips, Credit Sense, financial education

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