What is the Average Credit Score? (Plus how to Bring Yours Up!)
The Personal Finance Podcast
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Why Your Credit Score Matters So Much
In the US, they use credit scores to factor how responsible you are with your finances. The difference between interest rates when you go and buy a house is massive to your wealth building ability over time. If you have a low credit score and your interest rate is much higher on your mortgage, then guess what's going to happen? You're gonna be paying a lot more money out of pocket.
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