Why should I always have good Credit?

[Knowlopedia]

Why should you always have good Credit?
You should care about your credit score. Yes , it is true that you can not control whether or not you'll be able to successfully rent an apartment or secure a car loan when you're ready to buy them , but the significance of having good credit is more important than any one application in particular . A bad credit rating is almost certainly going to make it harder for your finances and personal life , which means we all need a little help getting our numbers up where they should be .

The easiest way to start improving your credit score is by setting up a secured credit card. As soon as you qualify for one, it would be beneficial to set it up and start using it in order to build a good credit history . That way , when you're ready to apply for an unsecured credit card in the future, you'll have some impressive numbers to show .

Without a secured credit card that reflects positively on your history of payments and scores, you could end up paying high fees for unsecured loans , or get denied for that same reason .

 

[Nightmare]

sometimes just by keeping good credits can expose you to a lot of rewards and achievements. This simply signify that there is a need for a need for good credit records. As a matter of fact, having good credits will brings you respect and even enhance good reputation. Yeah, there would be boosting of income either directly or indirectly.
But you don't have to Mind in the kind of way it's pays you back, thia is because the only things that matters is the records anf results of your credit. Thus, having bad Credits will lead to the vice versa of what you would obtain for having good credits.