Importance of Credit
There are a lot of benefits to having good credit. Lenders aren’t the only ones who look at your credit and credit history - employers, insurance companies, landlords, cell phone providers, and more can reference your credit history when they make decisions about you. That’s why having good credit may help you with everything from getting a job to getting a new cell phone service.
To build a credit history, you first must know which activities appear on your credit report. A credit report documents your credit activity and keeps a record of your credit accounts and how responsibly you have paid them over time.