Most people don’t really understand the topic of credit. It’s complicated — and unless you studied finance, you probably never learned a thing about it in school.
Why it’s crucial to check your credit reports
Your credit is one the most important aspects of your financial life. It affects things like your interest rates, your ability to buy a house or a car, and it can even affect your ability to get a job.
So you need to understand a few things about how it works in order to keep your financial life on track!
Many people don’t check their credit reports because they either don’t realize it’s a big deal or they don’t want to face what’s in it. Bad idea! The only way to improve your financial life is to know what’s going with it, so you can take steps to get back on track.