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Generally, a healthy credit score ranges between 650 to 750 whereas 751 to 850 is considered as the highest score.
If your score is around those numbers, the chances for banks and financial institutions to lend you the larger loans would be much higher.
Not only that but potentially you’ll be able to get some better deals too!
Here are 5 benefits of having a healthy credit score besides less financially stressful life.1.
Credit Card & Loan Approval Chances With a healthy credit score, the chances to obtain credit card and larger SME loan Malaysia would be higher.
As financial institutions and banks are able to trust you as a borrower to repay your obligations.2.