why is that people need good credit to be approved for a loan or even get a decent job?
2006-10-22 16:29:12 · 3 answers · asked by yukmouth 6 in Business & Finance ➔ Credit
Your credit is your financial fingerprint. Put yourelf in the position of a lender or employer: Would you feel comfortable loaning money or hiring someone that doesn't repay loans and does not have responsibility?
Read the following page that explains this in detail and will also show you how to fix these types of problems......
http://www.expert-credit-advice.com/index_credit.htm
2006-10-23 04:56:01 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I don't know what it has to do with getting a job, but as for getting a loan it shows that you are responsible (enough) with your money and make your payments on time. I guess it shows you are trustworthy in general.
2006-10-22 23:37:12 · answer #2 · answered by sportsfan227 3 · 0⤊ 0⤋
Because that's the way it is.
2006-10-23 07:25:03 · answer #3 · answered by Anonymous · 0⤊ 1⤋