Most people have to borrow money at some point, and many struggle to pay it back. But debt is a burden that doesn’t have to break the bank.
Every single time you use credit, the details are added to your credit report and used to influence your credit score.
Using credit can open up big possibilities, but it can also get you in trouble if you aren’t careful.
Your credit score provides creditors and lenders with insight into your financial health and helps them determine whether they should do business with you.