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Experts at NextAdvisor.com share six ways your credit can impact things like jobs, housing, and even your love life. “Credit is pretty abstract… but if you link it to real areas with real consequences, it starts to become more concrete,” says Michael Osakwe, financial expert.
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It depends who you talk to, but for a handful of people, credit health is important when considering long-term romantic or business partnerships. Many people become more credit-oriented when dating, and their finances can influence their perspective on a potential partner.
While banks typically review your banking history at other institutions, some banks will decide to assess your credit reports in addition to (or instead of) your banking history. You’ll want to be prepared and know what’s on your credit reports before trying to open a new bank account.
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