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Is it wise to do a credit score check before applying for a loan?

Date: Mon, 09/02/2019 - 00:08

Submitted by Jesarwin
on Mon, 09/02/2019 - 00:08

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Total Replies: 2


Is it wise to do a credit score check before applying for a loan? I know my Experian credit score but not sure about TransUnion credit score and Equifax credit score. Are there any other bureaus from where I need to check scores?


You should always check your credit score before applying for a loan. Credit score determines the interest rate you have to pay on the loan. The higher your credit score, the better your chance to qualify for a loan. You can qualify for a loan at a low interest too. But in that case, you have to pay a very high interest rate.

You can check your Vantage Score as well.


lrhall41

Submitted by Nick Jonas on Tue, 09/03/2019 - 02:03

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