Your credit score plays a crucial role in determining your creditworthiness. Lenders look at this number to see how responsible you have been towards making your repayments and whether offering you a loan is safe or not. Most lenders ask for a minimum credit score of 725 or above to accept your loan application. You may check your credit score and see if it meets the lender?s requirements. If it is less than 725, it may take some effort and time to improve it.
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