(MM) A Word (or Two) About Credit Lesson

A Word (or Two) About Credit

You will discover the 'how' of good credit as you work on the project in this module. It is just as important, however, to understand the why. Here are some reasons good credit is important:

• You will not be able to qualify for student loans without it.
• Some employers will not hire you if you have poor credit.
• Insurance rates are higher for those with poor credit.
• Loans are more expensive when your credit is not as good as it could be.
• You may find it difficult to finance a home or to start a business with poor credit.

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