What’s going on you found your boy Mashal Homes. This talk is about having a good credit score. Why should you have a good credit score what is considered a good or great credit score now one of the big benefits of having a good credit score which is a minimum of 680 plus is because it gives you access to a lot of the A prime lenders TD be more Scotiabank CIBC so when it comes time to get a loan or a mortgage with these big guys.
They want to make sure you have a 680 or PLUS credit score now the benefit of this is the higher your credit score the more chances you work with more lenders and the higher chance of you negotiating a lower rate or having access to lower rates. Now if you have a credit score of 850 or 900 that is prime. What that means is that it shows your ability to be able to borrow money and pay it back on time every time without declaring bankruptcy without going Mia on the lender.
