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MarKeeping track of your credit score is critical to maintaining a favorable credit score. In Nigeria, you must contact a credit bureau such as Firstcentral Credit Bureau, where you will fill out a credit score checker form and your credit score will be sent to you in a short time. Things You Should Note A credit score is important in determining whether or not a lender will grant credit. Many banks and financial organizations use the FICO rating system. Repayment history, loan kinds, credit history duration, and an individual’s total debt are all factors in credit score. Credit usage, […]
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DecIf you notice anything wrong or off the usual while checking your credit history or credit score, you can dispute this by following the appropriate channel. Filing a dispute has no effect on your credit score; however, if the information on your credit report changes after your dispute is resolved, your credit score may be altered. What you are disputing and the conclusion of the debate determine how it changes—whether it goes up, down, or stays the same. Late payments, for example, have a negative impact on credit scores; but, if a late payment was incorrectly reported on your credit[…]
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NovA credit score of 700 or more is generally considered favorable for a score ranging from 300 to 850. A score of 800 or higher on the same scale is considered outstanding. The majority of people have credit scores ranging from 600 to 750. In the year 2020. Creditors may be more optimistic that you will return your future bills on time if you have a higher credit score. However, when reviewing consumers for loans and credit cards, creditors may define their own standards for what they regard to be good or negative credit ratings. This is partly determined by[…]