Explain why it is important to have good credit history?

Question

Mathematics

Lizbeth Rivas

8 January, 23:45

Explain why it is important to have good credit history?

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Answers (2)

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Alani Allison · Answer 1

A good credit score is used for more than just getting a credit card or a loan. Credit scores demonstrate your history of paying your debts to entities that loan you money. Due to extending themselves beyond their means, many people are not able to pay their debts

Alijah Baldwin · Answer 2

Good Credit Is Important For Modern Living

A good credit score is used for more than just getting a credit card or a loan. Credit scores demonstrate your history of paying your debts to entities that loan you money. Due to extending themselves beyond their means, many people are not able to pay their debts.