Non-Credit Ways Your Credit Score Matters

 

 

By now, most of us know that a credit score matters when youre looking for a loan. If you want approval for a mortgage, or the best rate on a car loan, you need a good credit score. But, if youre not planning to borrow, your credit score doesnt matter, right?

A credit score is such an easy way for financial service providers to get an idea of what your financial picture looks like that many of them are turning to credit scores for items that aren’t strictly related to borrowing money. Here are 4 non-credit ways your credit score matters:

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