Why credit matters?

Why do I need a good credit score?

Good credit is important for many reasons. Loan and credit card approvals are not the only benefit to keeping your credit strong. See how good credit can serve you well in each of the following life situations.
 

Buying a car and eventually a home.
Lenders may look at your credit score before deciding whether you are a good risk for a car loan or a home mortgage—as well as what interest rate to charge if you do get the loan.

Applying for a job.
Some prospective employers may check your credit report to determine your financial history and responsibility.

Cable and electricity set-up.
Utility companies may check your credit score before deciding whether you have to pay a deposit.

Renting an apartment.
Landlords may check your credit score before deciding whether to rent to you.

Future financial flexibility.
Even if you never need it, the ability to get approved for credit can offer peace of mind. And with a good credit score, you'll be offered the best interest rates too.


Now, discover the ways to keep your credit score strong, or improve your credit score.
Go!

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