Creditworthiness and Poor Credit Score
Your credit score is one of the most important determinants of your creditworthiness when you apply for a loan, especially the likes of mortgages and car loans. However, some strict credit companies also want to know your credit score before lending payday or small installment loans. Your credit rating shows if you have any history of borrowing loans, and how you have dealt with them – if you have timely paid or not. With an excellent or good credit score,…