Chapter 5. Your Credit Score
In this Chapter, we will talk about how people decide whether or not to loan money to you and at what rate. In order for the bank to determine your credit worth, they must have a way to measure you. In the old days (which still happens in some developing country), the bank sends people to visit your home and to talk to your neighbor (to check whether you are rich enough for a loan). Nowadays, there is better way which is credit score.