Last Updated on May 3, 2021
Credits and insurance could be a complex topic for many people, but it is necessary to understand. After all, l
1. CREDIT WILL AFFECT YOUR CREDIT-BASED INSURANCE SCORE
Before extending any coverage, the insurers have to look closely at the history of the potential customers and evaluate the risk factor that can come with them.
For instance, the auto insurance might look at your driving history and see if you have ever been in moving violations and dangerous accidents in order to determine the possibility of you filing a claim in the future.
