Every activity that involves lending will require your credit score or credit report or both. Lenders use either or both to access your ability to pay back what they have lent out to you. This means the limits on your credit card, the terms of your car loan, the terms of that mortgage you need […]
Building your credit can be a little tricky, especially if you do not have a credit history. This means that you can’t get a loan, apply for a credit card, or even rent an apartment. Credit measures your trustworthiness. The earlier you start building your credit, the better.
Let’s face it. We live in a credit driven economy. Without credit, the US Economy would not be anywhere the size and benefit that it is now. As a result, there are very few Americans that can live their lives without needing some sort of credit in the form of a loan.