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Personal finance

Credit score

A rating of how reliable you've been at repaying debts, used by lenders to decide whether to lend to you and at what rate. Based on your credit report from the credit reference agencies.

A plain-English explanation, not financial or tax advice. Rules and rates change, so check your own situation. For free, impartial guidance, try MoneyHelper. Disclaimer.

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Missing a phone bill payment dented my credit score.

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