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Debt Relief:Definitions: Difference between revisions
→Credit Score
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* The creditor can take legal action to get the money owed | * The creditor can take legal action to get the money owed | ||
===Credit Score=== | ===Beacon or Credit Score=== | ||
* Points kept on file by credit reporting agencies that indicate how much debt a person has; higher scores are ideal. Low scores indicate an unfavorable credit history. | * Points kept on file by credit reporting agencies that indicate how much debt a person has; higher scores are ideal. Low scores indicate an unfavorable credit history. | ||