What are some pros and cons of using credit scores for insurance pricing?

Pros: • Current use of goods and services

• Permits purchase even when funds are low

• A cushion for emergencies

• Easier to return Merch

• Convenient when shopping

• Provides record of expenses

• One Monthly payment

• Safer

• Car rentals and Hotel reservations

cons: • Temptation to overspend

• Can create long term financial problems

• Potential loss of merch

• Ties up future income