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Jack bought a house and received a low interest rate because he had “good credit.” What is the meaning of “good credit”?
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Jun 8, 2018
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Jack bought a house and received a low interest rate because he had “good credit.” What is the meaning of “good credit”?
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Grzaks
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Grzaks
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Good credit is an individual's credit
history that indicates that the borrower is a safe
credit
risk. A high
credit
score is an indicator of
good credit
, while a low
credit
score indicates bad
credit
.
ConstantinM
answered
Jun 14, 2018
by
ConstantinM
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