educate yourself properly. The more you learn the better you’ll be at handling personal and other finances. With that in mind, here are a few ways to boost your financial IQ.It’s quite astonishing that a lot of people have heard about a credit score.
However, very few people know how it works or what it really is. A credit score portrays your creditworthiness and it shows whether or not you’ll be a risk to the lender, such as a bank, for instance.
Simply put, a credit score shows how good you are at paying off your debts.That said, a negative credit score can make a bad financial situation far worse than it is.
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