Your credit history and score affect a lot of things in life. There is the obvious impact of getting approved on things you want to buy like a car, house, or getting a credit card.\u00a0<\/p>

However, your credit is often checked when you are trying to rent an apartment, get a cell phone contract, and when you want to apply for a new job.\u00a0<\/p>

Good credit history and credit score can mean better rates and terms for a loan as well as lower costs for your car and home insurance.\u00a0<\/p>

The credit unions and businesses see your credit history as a reflection of your stability and how fiscally responsible you are over a long period of time.\u00a0<\/p>

It means that our financial choices, both good and bad stick with us for a while, sometimes for our entire life.<\/p>

There could also be an opposite struggle, which is having no credit. When you are young and you have little or no credit history, companies don\u2019t have much to go on when deciding to approve a request for a service or loan.\u00a0<\/p>

So it can be hard to get what you want when you want it. You need a credit history to get a loan, but you can\u2019t get a credit history without getting a loan.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t