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Pros and cons of availing a loan from NBFC Vs Bank
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financialexpress.comHaving a good credit score plays a huge role in getting approval for a loan especially from banks; i.e. having a credit score of 750 or higher will give you access to a broader array of lenders and better interest rates. When applying for any type of credit, be it a loan or a credit card, a good credit score usually means a greater range of choice for the borrower in terms of lenders and loan offers, and attractive interest rates and fees.
Credit scores are preferred by lenders as they represent
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