Credit score is a measure of your credit worthiness used by leasing agents to determine whether you are eligible for a lease. You credit score is based on your past and present credit history, and can range anywhere from 350 to 850. A measure above 720 is considered a “prime score” and will land you the best rates. If you are below 640, then you are “sub-prime” and will be considered bad rating by the bulk of leasing agents. This is where all the trouble in getting that lease comes from. Ask for your FICO Credit Score from the Fair Isaac Corporation (FICO)
which details your credit score held by all three leading credit score
agencies in the country. Compare the three credit scores and determine
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