Читать книгу Flipping Houses For Dummies - Ralph R. Roberts - Страница 85

To give your credit rating an air of objectivity, credit reporting agencies often assign you a credit score that ranges roughly between 300 (you have never paid a bill in your life) and 900 (you borrow often, always pay your bills on time, and carry no huge balances on your credit cards).

Your credit score determines not only whether you qualify for a loan but also how much you’re qualified to borrow and at what interest rate. A high credit score lets you borrow more and pay less interest on it. A high score can also lower your home insurance, auto insurance, and life insurance rates.