Credit Score and Credit Report
It is very difficult today to get a mortgage, a loan or any kind of financing, even a credit card, without a good credit rating and credit score. Loan companies and banks are hesitant to make loans and mortgages unless the person applying for the mortgage or loan has a clean credit report and gives them a good credit score. Your credit rating and credit score is needed when you apply for a job, try to rent a home or apartment, or buy a car, as well as applying for a loan or mortgage.