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Last Activity: 10-07-2012 04:02 AM
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- The most important thing that the banks check while giving loan to a person is his credit score which is measured by the experian credit score scale and transunion credit score scale. The credit score is a score which shows the credit worthiness of a person. The insurance companies, mortgage lenders and banks use the credit score scale to know the ability of a person to pay back the amount that he or she has borrowed.
Know more about Credit Score Scale
- The most important thing that the banks check while giving loan to a person is his credit score which is measured by the experian credit score scale and transunion credit score scale. The credit score is a score which shows the credit worthiness of a person. The insurance companies, mortgage lenders and banks use the credit score scale to know the ability of a person to pay back the amount that he or she has borrowed.