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What you’ll hear on this episode:
On this episode, we’re joined by Ms. Pia Arellano of TransUnion Philippines to speak about the advantages of credit score and the significance of monetary duty.
You’ll hear some outcomes from the Q1 Shopper Pulse Survey carried out by TransUnion Philippines, which supplies attention-grabbing insights into the saving, spending, and borrowing habits of Filipinos in latest occasions.
We additionally mentioned the significance and advantages of getting a credit score historical past. We gave tips on how an individual can have a great credit score rating, together with how one can avail of your credit score report from TransUnion Philippines.
Excerpts and Highlights:
“Attempt to no less than have some credit score proper now, even in the event you don’t want it but. Establishing that monitor report very early on will make it simpler so that you can avail of different types of credit score sooner or later.” –Pia Arellano
“A credit score rating is a universally-accepted metric or quantity used to find out whether or not or not an individual is able to fulfilling his or her monetary obligation. A credit score rating represents stability, integrity, and trustworthiness.” –Pia Arellano
“Your credit score rating is based on 5 standards: credit score cost historical past, credit score utilization, size of credit score historical past, forms of credit score you will have, and new credit score or how usually have you ever opened new forms of credit score.” –Pia Arellano
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