When it comes to applying for a loan, applying for a credit card and applying for certain jobs, you... to have a good credit score in order to qualify. A credit score or a credit rating is what banks base their decisions in approving you for the loan of for a credit card. Sometimes, there are companies that also look at your credit rating in order for you to qualify for a certain job. Your credit report will contain all your credit history. It will show if you have been paying your loans
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