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Top Factors That Affect Your Credit Rating

ByDhruvi Bajariya November 26, 2024November 25, 2024

Credit Rating: Your credit score shows how well you handle money. Systems like FICO and VantageScore look at your credit report. They guess how you’ll pay back debts. The exact math is secret, but we know the main parts. The FICO Score, used by most big lenders, looks at five key things. These are: how…

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What Is The Credit Cycle And How Does It Work?
Credit

What Is The Credit Cycle And How Does It Work?

ByDhruvi Bajariya September 26, 2024August 16, 2024

The credit cycle is a key economic concept. It shows how the availability and ease of getting credit change over time. It’s linked to the business cycle, as economic ups and downs affect how easy it is to get loans. When the economy is growing, the credit cycle is usually expanding. Interest rates are low,…

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