The number of places that take your credit score into consideration when you want something is increasing geometrically. It is used more and more to evaluate you as a person when you apply for a new job. It is used by many of the car insurance companies to evaluate how much to charge you for car insurance, with alleged statistical proof that those consumers with low credit scores file more claims. And your credit score is used to determine the interest rate when you apply for a loan or a mortgage. Read the rest of this entry »
Tags: credit, credit score, Finance, insurance