Do you consider yourself to be a trustworthy individual? While it may be true that your family and friends would be willing to vouch for you, the reality is that the rest of the world has no idea of your level of trustworthiness. As a result, banks, car dealers, mobile phone companies, and other businesses must rely on your credit score to inform their decisions. For these reasons, understanding credit and building it up can be one of the most important ways of setting up future financial success.
