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Starting Your Credit Life

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12y ago

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Like it or not, you are going to have to use credit at some point in your life most likely. Given this, you should be able to establish some good credit for yourself early. The sooner that you can do this, the better. Make sure that you consider ways in which you can get credit early on. When you are establishing this credit habits early on, you are actually going to be able to get a good credit score early. That means low interest rates when you go to borrow some money. There is just nothing better than that in the world of finance when you think about it.

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12y ago
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What are the exclusions for credit life insurance?

What are the exclusions for obtaining credit life on a loan


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Can credit life be added to the loan and not paid until the end of the loan?

No it can not be paid at the end of the loan. Credit life is to insure the creditor. If you pass away before the loan is paid credit life will pay off the loan. If there is no cosigner then why would you insure the creditor? There is no advantage to you at all for getting credit life.


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