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February 16, 2020
Question

Do we need a credit score?

  • February 16, 2020
  • 1 reply
  • 0 views

There are many opinions on the credit score. Do we really need it? How important is it? Personally I try to keep my credit score as high as I can, but at the same time I try to reduce my debts and the main purpose of the credit score seems to be to increase debts, so it seems inconsistent.

 

So do we need to maintain our credit score or not?

1 reply

February 16, 2020

@BlueP wrote:

So do we need to maintain our credit score or not?


Yes, because the score affects a lot beyond your ability to obtain credit or a certain amount of credit.