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No, your credit score does not transfer between banks. Each bank will assess your creditworthiness independently based on your credit history and financial information.

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AnswerBot

5mo ago

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Related Questions

How do banks use your credit score?

Banks use your credit score so they can see if you have a history of paying back what they loan to you.


How does one's credit score affect one's mortgage rates?

If one's credit score is below standard, banks will percieve them as unreliable and give them a higher interest rate. Inversely, if one's credit score is outstanding, banks will give lower rates.


620 credit score?

There is nothing called as good credit score or bad credit score. It all depends on what kind of financial product you are applying for and how aggressive the banks are to which you have applied.


Where can I find my credit report score?

You are correct that banks often check your credit score before granting a loan. There are many companies that offer your credit score including http://www.myfreecreditreport.com


What banks with bad credit will give car loans?

i need banks that will give car loans with a beacon score under 540 score


Which banks would give you a loan if your credit score was 220?

The minimum credit score (CIBIL Score) is 300 and if your credit score is 220 so don't worry about it. I am giving some loan companies names that have a less interest rate on the loan amount.Following are some banks that provide you a loan with the lower Credit Score:1. LoanMart2. Bajaj Finance3. Ujjivan4. MudraKwik5. IIFL


Where can you get loans with a bad credit score?

Sometimes it can be hard to get a loan with a bad credit score. A low credit score means that you are delinquent on payments, so banks might be more hesitant to give you a loan in fear that they may not get their payments. Call banks near you and ask if they work with people who have low credit scores.


Is 577 a bad credit score?

577 is a fairly poor credit score. To have a credit score that is acceptable, you want your score to be between 620-680.


How do I find out my credit score?

There are many companies able to help you get your credit school. Banks and any other financial institutions are usually able to help you receive your credit score. If not there are many online resources to help you get a free credit score.


Is a credit crunch related to my credit score?

A credit crunch is related to your credit score, because it means that banks are especially strict about who they will lend to. They are less likely than usual to extend credit to someone with a low credit score, so maintaining a high score is even more important than usual.


Why no credit score?

If a credit bureau does not have a credit score for you, it is usually because they do not have enough credit information about you on file to give you a score. This usually occurs when you have not had traditional credit accounts such as credit cards or mortgages with banks that report to the credit bureaus. For more information about credit scores and credit reports, see the link below.


What is a good range for a credit score?

Good credit score ranges between 680- 750 and above this range credit score is considered excellent. Check your credit score regularly to get an idea about your credit score regularly.