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What Is Your Insurance Score and How Does It Affect You? The Truth Behind Insurance Credit Scoring. When it comes to borrowing money and paying your bills, certain numbers matter a great deal. One of the biggest criteria that lenders check prior to offering credit or loans to a consumer is their credit score. This numerical ranking is a summary of the information that is contained in your credit report.
Many Questions and Some Answers. What is Insurance Credit Scoring? January 27, 2012. The insurance industry claims that the use of these scores helps them to issue new and renewal insurance polic.
Planning for your future means managing your present, building a secure foundation to support you, rain or shine. Your credit history creates an overall picture of your personal finances, and can be scored to make a prediction of your future behaviors.
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