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Keeping track of how credit works [Infographic]

Your credit history—and the score it informs—is one of the most important factors in your financial life. Lenders use it to judge your ability to pay them back and set rates on the money you can borrow. But how does credit actually work? And how does your everyday financial activity influence your credit score? This visual guide has the answers.

 

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Originally posted 2019-05-28 10:21:49.

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