What to do if You Have a Zero Credit Score?
Your credit score is a financial metric that represents your creditworthiness to lenders. Whenever you apply for a loan, lenders will access your credit report to assess your ability to make timely payments. If you have a high credit score, lenders will usually be more than happy to approve your application. They may also reward you with a low-interest rate. But suppose you have a low credit score. In that case, they may be hesitant to provide you with funds, as your poor crediting standing indicates your less likely to honour your payment obligations.
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Original Article Source Credits: loans canada, https://loanscanada.ca
Article Written By: MARK GREGORSKI
Original Article Posted on: NA
Link to Original Article: https://loanscanada.ca/credit/what-to-do-if-you-have-a-zero-credit-score