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Browse: Home / MONEY / Credit

What’s with all those “know your credit score” ads?

ant m: What’s with all those “know your credit score” ads?
I mean, how can that information be useful to you since a good score only means you can borrow money

Answers and Views:

Answer by Steve D
Actually, credit scores are also used to set your car insurance rates and in some cases can be a deciding factor in whether you get a job or not or rent an apartment. Too many decisions today that affect all factors of life are dependent on your credit score and it becomes imperative that people know how to use credit wisely. Knowing your score is one step in using credit wisely.

Answer by tro
well, I was interested in the credit score of people who wanted to rent the condo I handle.
one had a 580 score with several questionable accounts, the owner was reluctant to rent to them

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