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What Is A Credit Bureau Score And How Do Lenders Use Them?

Thursday, September 16, 2021   /   by Aaron Marasigan

What Is A Credit Bureau Score And How Do Lenders Use Them?

blog, By Brenda Bianchi



As we show you in this video, a credit bureau score, or “credit score” is a number based upon your credit history that represents the possibility that you will be unable to repay a loan.

Lenders use it to determine your ability to qualify for a mortgage loan.

The better the score, the better your chances are of getting a favorable loan.

Know your score and ensure that lenders have current information about it.