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What is a credit score?A credit worthiness summarizes all of your credit report information into one number. This number is calculated by a mathematical equation that evaluates various types of information through your credit report at this particular credit-reporting agency. By comparing these details to the patterns in 1000s of past credit file, scoring identifies your height of credit risk. Your score tells a lender how likely you are to settle credit, or make credit payments on time. The larger your score is, the better chance you've got of getting the credit you apply for.
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