Leasing and your credit score. 

Your credit score is part of the leasing decision. When you apply for a 
lease, your lease company will typically look at your credit score to 
decide whether you to approve the application.

The leasing contract stipulates that you make regular, monthly payments 
over your lease term. The credit score you lease company requests 
identifies how likely you are to make such payments. It is simply a number
calculated according to a model that takes into account your payment 
history, any amounts you owe and credit currently in use.   

It is very important to keep a good credit-score, usually above 700, to 
qualify for a lease or any other lending decision. Start by ordering your
credit report from Fair Isaac Corp, the company that creates your credit 
score. If erroneous data is held about you, then contact the creditor 
responsible and get such information corrected. 
Your payment history is the single most important factor in determining 
your credit score, so get in the habit of paying everything you owe on time 
and keep the balances low in your credit cards.

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