Your credit score will help you save in the long-run.
What does your credit score tell lenders?
Having a high credit score is what some people would call the real American Dream...The concept of credit is really just a history of formations of trust between you and whoever is lending you money - you are promising to pay back money that you have borrowed. Young adults, for example, might want to purchase a car, but maybe haven’t saved up enough to pay for it outright. The options and methods that one can use to pay for things without having cash in-hand can be confusing and intimidating to sort out, but also can provide relief and security when in a pinch or desperately need to make a large purchase. So, whether you are financing a car, applying for a credit card, or leasing an apartment, chances are that your credit score will have a major impact on your financial opportunities at many different points in your life.read more>