Your credit score has never been so important. Lenders will check your credit score to determine whether or not you qualify for a new line of credit. Before lending you money, creditors want to know how risky you are as a borrower and how likely you are to pay back a loan on time. A tarnished credit score can be both stressful and costly. If you have already hurt your credit score with some wrong financial moves, then read on to learn about credit repair.
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Having a good credit score is like having the world’s best coupon book for all of life’s major financial transactions. Not only will it open doors for you to qualify for things like mortgages, auto loans, private student loans and credit cards, but the better your credit score is, the better the “deal” you’ll get – and that all translates to more money in your pocket. Here are five ways to improve your credit score so you access the best deals on life’s largest purchases.