Apart from getting loans, when else and where else is a person's credit score relevant and needed?

[Kross]

Credit score is one of the most important metrics in personal finance today. It us always needed when one needs a loan.

But apart for needing credit score to get a loan, I'd there any other thing or endeavour that credit score is needed again?

 

[King Belieal]

Credit score is not just for taking loans. There are some places that you might need credit score to rent a house or rent a car.

 

[Augusta]

insurance companies in many states can use credit-based insurance scores to help determine who to offer insurance and how much to charge.

 

[Min George]

I heard that the American embassy also uses credit score to make visa decisions these days. I heard someone being bounced because of that.

 

[eLdavis]

There are several places where it is also need, for example renting a house or property, most landlords make use of credit scores as well.

 

[Springtime]

When you rent a house, the owner may check your credit score. The bank may also check your credit score when you apply for a credit card.

 

[Stardom22]

Credit score is very important here in my country as it's being required for one to get employed on government jobs.

Post automatically merged: Dec 3, 2025

I am yet to migrate to the smart home digital place for that matter. I have realised that those appliances required are very costly to install and maintain.

 

[Min George]

Credit score is very important here in my country as it's being required for one to get employed on government jobs.

Post automatically merged: Dec 3, 2025

I am yet to migrate to the smart home digital place for that matter. I have realised that those appliances required are very costly to install and maintain.

I have also heard that there are jobs that bother on trust that one can't get without having a minimum credit score.

 

[Augusta]

I heard that the American embassy also uses credit score to make visa decisions these days. I heard someone being bounced because of that.

This is a good one so that people can put up their loans before trying to fly out. It can be very annoying

 

[wisdom01]

Renting an apartment, buying a phone plan, or even landing a job - credit scores can pop up in surprising places!