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Credit Score

Credit Score usually ranges from 300 to 850, with a higher number meaning you are more likely to pay your bills on time. Lenders, like banks or credit card companies, look at your credit score to decide if they will lend you money or give you a credit card. If you have a high score, you might get lower interest rates, which means you pay less money back in the long run. To keep your credit score healthy, it’s important to pay your bills on time, use only a small part of your available credit, and avoid taking on too much debt.

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