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Tag: Salary Hike Vs Credit Score

Will a Salary Hike Increase Your Credit Score? Here’s the Truth

Will a Salary Hike Increase Your Credit Score? Here’s the Truth

Salary Hike: An increase in your compensation package undoubtedly benefits you. Does it, however, improve your creditworthiness and score? In other words, although larger salaries have potential, they only have an indirect impact on a person’s credit score. Credit Score Fundamentals: A credit score works much like a report card. It reflects a borrower’s creditworthiness, […]

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