Credit Report vs. Credit Score: What’s the Difference? - PowerPoint PPT Presentation

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Credit Report vs. Credit Score: What’s the Difference?

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It will be helpful in understanding your financial stability and health before you go out and borrow. Visit Clix Capital to get your credit score checked for free online. – PowerPoint PPT presentation

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Title: Credit Report vs. Credit Score: What’s the Difference?


1
Credit Report vs. Credit Score Whats the
Difference?
Whenever you apply for a loan, the banks or
financial institutions first go through your
credit score and report to offer you an approval
or denial. It will be helpful in understanding
your financial stability and health before you go
out and borrow. Visit Clix Capital to get your
credit score checked for free online.

2
Credit score
  • A credit score is a simple three-digit number
    that represents your credit activities and credit
    records. After considering the entire credit
    journey, the score is given. A minimum of 350-900
    score range is given in a credit score. This
    score helps in understanding the credit
    background and the financial stability of an
    individual. Apply For home improvement loans.

3
Credit report
A credit report is a full-detailed statement that
has every detail about your credit account,
payment, debt, repayment transactions, number of
borrowing, number of rejections, credit cards,
bills, accounts, credit age, and availability of
credit limit. This detailed statement has
everything from your first credit activity to the
present day. This report helps in giving the
credit score. When you visit a website to credit
score check free online, you will find every
small and big transaction is mentioned there.
4
  • Credit score vs credit report
  • A credit report is a detailed report of all the
    credit activities undertaken by an individual. It
    has all the details of the credit background.
    Based on this, the credit score is given. A
    credit score is a reflection of the credit
    report. While borrowing, the credit report is
    checked and also the credit score. Visit Clix
    Capital for a free credit score check.
  • Error detection A credit score will not give you
    any idea about any sort of error. However, when
    you check your credit report, you can email
    detect errors if any. This makes a credit report
    very important, as errors can give you a bad
    score without your involvement.

5
  • Wrapping up
  • There are various websites that have a free
    credit score check option. It will help you
    understand your financial stability and your
    ability to borrow. Make sure you have your credit
    score checked free online regularly to open up
    opportunities and get approval.

6
Clix Capital Services Pvt. Ltd.
  • Address
  • 901b, 9th Floor, Two Horizon Centre, DLF Phase V
  • Gurgaon, Haryana, India 122002
  • Phone Number 1800 200 9898
  • Website https//www.clix.capital/check-credit-sco
    re/

7
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