Posts Tagged ‘Credit Score’

What to Know Before Co-signing A Loan?

When you sign for a student loan, line of credit or any type of loan for another person you are legally responsible if that person fails to meet the terms of that credit agreement.  If the other person misses payments the creditor will expect you to make the payments and demand that you pay the debt in full.

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The Importance of a Good Credit Rating

Since your credit score is a reflection of how you have or have not paid your bills in the past, many businesses, landlords, mortgage lenders, utility providers, and even employers; use your credit score to predict your future financial responsibility.  Anytime you need to borrow money, or even use services, your credit score is may be called into question. This is why maintaining good credit score is important.

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