If you were told that your credit score was 700, then it simply means that it is a good score and there will be access to loans etc.
This is referred to a numerical description which is used to describe how creditworthy an individual is through the use of various data.
A credit score of 700 is a good one and will enable the individual to have access to different types of loans and credit cards. There is also a high possibility of getting zero percent financing for their credit cards in most stores in the country.
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