Personal Finance
Credit Scores: How They Can Affect Your HDB Loan, Don’t Ignore Them!
By Seedly  •  January 19, 2019

Credit Score – What is it? What does it do? How does it affect me?

Particularly, credit scores can critically impact your financial situation if not maintained properly.

For example, qualifying for loans very much depends on your credit scores and having a low credit score automatically renders it more difficult for you to qualify for higher tiered loans such as home mortgages or business loans.

TL;DR: All Credit Score Ratings you should know

Scores Risk Grade Default Rates 1911 - 2000 AA 0% - 0.27% 1844 - 1910 BB 0.27% - 0.67% 1825 - 1843 CC 0.67% - 0.88% 1813 - 1824 DD 0.88% - 1.03% 1782 - 1812 EE 1.03% - 1.58% 1755 - 1781 FF 1.58% - 2.28% 1724 - 1754 GG 2.28% - 3.46% 1000...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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