Tags: Why credit rating is important for banks

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How the credit rating is composed? How creditworthiness affects lending
by imleme
credit-score
A good credit rating means that you have reliable solvency. Entries via a current account , mobile phone contracts with a term, leasing contracts, loans or mail order accounts are generally considered to be positive for your creditworthiness. They indicate that banks and companies place their trust in you and consider you creditworthy. Creditworthiness is…
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