Credit Clarity: A Beginner’s Guide to Credit Scores, Reports, and Monitoring
What are Credit Scores? Credit scores are three-digit numbers that represent an individual’s or business’s creditworthiness. They’re calculated based on information in credit reports, which are maintained by credit reporting agencies such as Experian, TransUnion, and Equifax. Credit scores range from 300 to 850, with higher scores indicating a better credit history. In simple terms, …
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