Simply put, credit is the ability of an individual or organization, to borrow money or obtain goods or services from another individual or organization with a promise (sometimes with some form of collateral), that you can and will pay it back. Credit is used when the debtor (the person or organization who receives the credit, in this case, YOU) doesn’t…

So, What Exactly Is A Credit Check? You probably must have heard the phrase “Credit Check” a couple of times without giving much attention to it. Every American who has some level of financial dealings will, at one point or another, have to use a credit check or, rather, have a credit check done on them. A credit check is…