A credit score is designed to represent the likelihood of you paying your bills or loans on time. So the higher your credit score, the less likely you are to default on your payments. In a nutshell, you'll have a better chance of being offered a loan when you have a good credit score.
Spot makes it super easy for you to check your credit score. All you need to do is download the Spot app.
To check your credit score:
- Sign in to your Spot App.
- Tap the burger menu on the bottom right of your screen.
- Under Money, tap My credit score.
- Your credit score will be displayed for you in seconds and you are done.