
A decent credit score unlocks credit availability and the best interest rates
BY NOW, YOU KNOW that taking out a high-interest personal loan to pay for a birthday party is not a good use of debt. But what about applying for ‘good’ debt – like taking out a loan to buy a house?
In general, ‘good’ debt is used for things that generate an income (like a rental property) or grow in value (your house).
Your credit report is your financial track record, and your credit score is the mark you get for it. Discover how having a decent credit score unlocks credit availability and the best interest rates.
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