11/02/2023
Credit is not only a tool but a resource that can be used through multiple avenues:
1. It provides stability at any moment; You will never have to worry about not having money again. (The key is staying on top of your finances and paying down your cards)
2. Cash back opportunities that can lead to free hotels, flights, rentals, food, etc! Your missing out on the best benefits; I even get free Uber rides every month because I am a gold member!
3. It provides security as well. If your information were stolen and your card maxed out, you will not be responsible for the debt. Don't forget that credit is OPM (Other's Peoples Money).
4. Lets save the best for last! Having a high credit score allows you to receive low interest rates on loans. Your not only trustworthy to lenders but there is no doubt in their mind that any money they give you will be paid back in time. This can lead to multiple business opportunities or even help you save money in the long run. (Most people don't know credit affects apartment and job opportunities as well!)