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why is good credit importatn

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why is good credit importatn

Because good credit allows you to get important loans for things that you can't normally save to pay cash for - home, auto etc.
But, it also effects your Insurnace rates. Bad credit = higher rates.
When i was very young I thought credit was optional. Now I learned good credit is a nessessity unless you have a lot of money burried in your back yard.
Bad credit = high interest rates if you should find someone to give you credit. So bad credit costs you a lot of your hard earned money.
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