Lesson 1
What is a Credit Score and Why Does it Matter?
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What is the Problem?

This one comes from David in Newmarket, and his question:

“What is a credit score?”

A credit score is a third party assessment of your ability to handle liability (li-ability), and is usually required and produced to assess applications for things like loans, credit cards, mortgages, mobile phone contracts and store finance.

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  • credit score
  • liability
  • loans
  • credit cards
  • mortgage
  • contracts
  • finances

You’ve heard the phrase “They’ve got loads of cash” So you and your cash really is all about you and your cash – and how you can stop others from taking it away. How you can make the most of what you’ve got and how you may even be able to increase it over time.

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