If you've ever applied for a job, rented an apartment, bought or leased a car, opened a bank account, applied for a mortgage or been issued a credit card, you've participated in the world of credit. At Credit.com, we believe credit can be a positive force in every aspect of your life. To put this power to work for you, however, it's essential that you understand your own credit - and what your credit information says about you to the growing number of companies that use credit information to make life impacting decisions about you. These companies include lenders, insurance companies, employers and utility companies.
Credit 101 is a series of articles covering the fundamentals of credit. The objective is to help you better understand and, therefore, leverage your credit history in order to get the most out of this essential force throughout your life. The fact is that each of us has a relationship - good or bad - with our credit. Our hope is that these articles will assist you in improving that relationship - and, in the end, make credit your friend and ally.
An introduction to the basics of the credit system.
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