Why It’s Important
Good credit is necessary if you plan to use credit to make a major purchase, such as a car or a home, or want to be able to take advantage of the convenience credit can provide. The importance of good credit also extends beyond purchases, in that it may be used by potential employers and landlords as part of the selection process. Experian (one of the three national credit reporting companies)
Most people understand that good credit is important but often they do not know how lenders determine their credit rating or how to protect their credit. This article is the second of two addressing these two important issues:
This Article: How can you protect your credit and your identity from mistakes, fraudulent use and theft?