perks of having your credit built and repaired

Having good credit opens up more options for borrowing money, whether it's a credit card, a car loan, or a mortgage. Lenders are more likely to approve your application and offer you better terms if you have a strong credit history.

 If you have good credit, you are more likely to qualify for lower interest rates on loans and credit cards. This means you'll pay less in interest charges over time, saving you money in the long run. 

 Some employers may check your credit report as part of the hiring process, particularly if you're applying for a job in finance, accounting, or a similar field. A poor credit history could hurt your chances of getting hired. 

 Landlords and property managers may also check your credit report when you apply to rent an apartment or house. If you have a poor credit history, you may have a harder time finding a place to live. 

 Insurance companies may use your credit history to help determine your insurance premiums. A poor credit score could mean higher premiums for auto or homeowners insurance. 

 Overall, building or repairing your credit can help you save money, access more opportunities, and improve your overall financial health.