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It's because your loan amount determines your credit score.

Does a high credit score indicate wealth?

High Credit Score Doesn't Always Indicate Sound Financial Management | Money. Mortgage Lenders of Choice Mortgage lenders that have been examined and graded independently. mortgage rates today info on current mortgage rates based on newly created loans.

Your connection with debt is the only thing your credit score reflects. You may continue borrowing money & repaying it in order to maintain accruing debt since it depends on how regularly you have done so. In general, the better your credit score, the more appealing you will be to lenders. A borrower with a higher credit score has previously displayed responsible credit conduct.

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