If you’ve ever tried to rent an apartment or take out a mortgage on a new home, then you know that your credit score can make or break the approval process. Ditto applying for an auto or personal loan with a desirable interest rate.
And if your credit is subpar, credit lenders are less likely to approve your application for a new credit card. And job hunters, beware: even employers may be weighing a prospective employee’s credit history as part of the hiring process.