Their only value is for loans and credit.
Tell that to every landlord and property management company.
Also, fun fact, your credit can be used to calculate the price you pay for insurance, a required thing even if you outright buy a car or house. So there is no escaping it.
Insurance isn't required for a house, althought that's a really bad decision since all it take is one bad cooking mistake to lose your house.
Insurance is required if you have a mortgage, which is necessary to be a homeowner for 99% of folks.
Tell that to every landlord and property management company.
Also, fun fact, your credit can be used to calculate the price you pay for insurance, a required thing even if you outright buy a car or house. So there is no escaping it.
Insurance isn't required for a house, althought that's a really bad decision since all it take is one bad cooking mistake to lose your house.
Insurance is required if you have a mortgage, which is necessary to be a homeowner for 99% of folks.