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What are credit bureau scores and how do lenders use them?

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What are credit bureau scores and how do lenders use them?

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A credit bureau score is a number, based upon your credit history, which represents the possibility that you will be able to repay a loan. Lenders use it to determine your ability to qualify for a mortgage loan. The better the score, the better your chances are of getting a loan. Ask your lender for details.

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