Importance of Credit
Credit is important because it affects your ability to borrow money, secure loans, and obtain favorable interest rates.
A good credit score can lead to better terms for mortgages, car loans, and credit cards, ultimately saving you money.
Additionally, credit impacts renting an apartment, insurance premiums, and even employment opportunities in some cases.
Maintaining good credit helps you build financial stability and access opportunities that require borrowing.
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Malia Wailase
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Importance of Credit
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