All lenders rely on this score to decide whether to offer you a loan or not and at what terms. People with a credit score below 725 are considered subprime borrowers by lenders. In such a situation, they either reject your loan application straight away or offer you a loan with an increased interest rate. https://www.clix.capital/clixblog/credit-score-meaning-how-it-works-and-how-to-improve-it/
https://www.clix.capital/clixblog/credit-score-meaning-how-it-works-and-how-to-improve-it/
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