🏗️ High Score vs. Strong Report

When seeking funding, it's crucial to understand the difference between having a high credit score and a strong credit report.

High Credit Score:

• Reflects good credit management overall
• Shows you're a low-risk borrower
• Think of it as your REPUTATION

Strong Credit Report:

• Provides detailed payment history
• Shows length of accounts and types of credit
• Gives lenders the full picture of your behavior
• Think of it as your RESUME

Key Insight:

A high score opens doors, but a strong report closes deals. Lenders rely on your detailed history, not just the number.