Do a google search "how does a credit score effect your adult life". Then share 1 item you already knew and 1 item you did not know before the search. by Cecilia Brittain

2025-01-08 17:40:31 UTC

what I know: good credit means higher chance apartments will let you rent

what I didn't know: higher credit, lowers your cost to borrow

I know that if your credit score is bad you can't get certain stuff like cars under Ur name and houses. one thing I learned is it effects loan approvals.

2025-01-08 17:44:14 UTC

2025-01-08 17:45:57 UTC

I have no real understanding of what credit is besides that I believe that its the reliability of you paying back the money to the bank and increasing ability for future loans.

(I don't know tho)

2025-01-08 17:48:26 UTC

what I know: good credit means that your management leads to higher credit scores.

I did not know that a higher loan lowers your borrowing cost and you can pay all the bills on time

2025-01-08 17:54:05 UTC

what is credit i can tell you if you have good credit you can rent out a place to live there or like you can get loans from the bank or at a loan shop i thing i didnt know is the score is a picture of you as a credit risk to the lender at the time of your application.

2025-01-13 17:26:56 UTC

A high credit score increases your chances of being approved for personal loans, mortgages, car loans, and credit cards and overall trust for most amounts of money given to a person