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Explain why it is important to have good credit history?

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3 votes

Answer:

Good Credit Is Important For Modern Living

A good credit score is used for more than just getting a credit card or a loan. Credit scores demonstrate your history of paying your debts to entities that loan you money. Due to extending themselves beyond their means, many people are not able to pay their debts.

Explanation:

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User Mike Gorski
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Answer:

A good credit score is used for more than just getting a credit card or a loan. Credit scores demonstrate your history of paying your debts to entities that loan you money. Due to extending themselves beyond their means, many people are not able to pay their debts

Explanation:

answered
User Stefano Bagnara
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