Credit is something we all need for a healthy financial life. With higher credit scores, consumers have access to higher lines of credit, better housing, lower interest loans, and the like.
Credit is a six-letter word with immense financial implications. In a nutshell, credit is the ability to borrow.
Your credit history plays a big part in whether a seller will approve you for a large or expensive purchase. The whole process is still tough even if you have a stable income and a great track record with regard to employment.
A credit freeze involves locking down or restricting access to your credit report. It is one remedy to protect yourself from identify theft.