Finway Capital18 Jan, 2021Business
Low credit score loans that are approved are deemed under the high-risk borrower category. Credit score monitoring is important as it bestows the lenders the power to decide whether to offer a loan or a credit to the applicant. A low credit rating might run the risk for an applicant to be categorized under a high-risk borrower. It reduces the chances of getting a loan with a high valuation.
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