Glossary of Financial Terms
Here at Friendly Finance, we'll help you understand the terms and concepts related to personal loans, mortgages, credit cards, and other financial products as well as how to effectively budget and save so that you may achieve your financial objectives. With explanations of their definitions and usage, we've listed definitions from A to Z in this section to help you understand the sometimes-confusing world of finance.
C. Credit Score
A credit score is a number that evaluates a person’s ability to pay back debt. More details on what constitutes a good credit score and how to raise it are provided in this article.
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