Tag Archives: credit report

What is an APR?

The Annual Percentage Rate (APR) is a measure of how much it will cost you to borrow money. APR is used for credit cards and loans of all kinds, and it combines the interest you will pay throughout the year plus any fees, expressed as a percentage of your principal loan amount. APRs are useful when it comes to comparing offers from different lenders…

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What is an insurance score?

Many of us are familiar with credit scores, but did you know there's another score generated from your credit report? Credit-based insurance scores, like credit scores, are calculated based on information in credit reports.

Credit scores determine the likelihood of credit delinquency. The lower your credit score, the more likely...

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