Did you know utility and cable companies may check your credit to determine your deposit amount?
Renters and homeowners alike need to budget for electricity, water and cable, yet those with a low credit score may be forced to pay larger security deposits than consumers with a clean credit history.
A cell phone is a convenience most of us rely on daily. The latest and greatest smart phone might not be within your reach – even if it is within budget – if you have a low credit score. Many cell carriers take scores into account when determining who gets approved for a contract and who doesn’t.