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What is a good credit score Melbourne

Published date: June 7, 2022
Modified date: June 7, 2022
  • Location: Ground Floor 470 St Kilda Road Melbourne, VIC 3004, Melbourne, Victoria, Australia

A credit score is a number that determines your creditworthiness, or the likelihood that you will pay back any money that you borrow. It helps lenders to make informed lending decisions based on the risk of lending you more money.The higher your score, the more reliable you’ll appear to lenders. A high credit score will make it easier to qualify for mortgages and car loans, start a business, and, in some cases, secure a job.

Striving for a good credit score is one of the most important financial goals to have. A bad credit score could be what stands in your way of you living your best life. 

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