WHY GOOD CREDIT MATTERS

Like it or not Debt and Credit is the one thing that effects all of us. Lenders use a number of factors to make credit decisions, such as the amount of debt you can reasonably handle given your income, your employment history, your credit report, and your FICO® Score. Landlords also use credit to decide whether to rent to you. If you don't have good credit, you can get denied for an apartment. Many employers conduct credit checks as a part of the hiring process. If you haven’t demonstrated financial responsibility, a prospective employer might be hesitant to hire you. A low credit score can trigger higher interest rates costing you thousands of dollars a year in overpaid interest, prevent you from qualifying for a loan, getting a apartment and starting your career. The bottom line is Good Credit creates opportunities and bad credit will limit your freedom.