Question

How is knowing one’s own credit score important in avoiding predatory lending scams?

Answer 1

lenders target people who are strapped for cash. But the loans they push usually have sky-high interest rates and fees. They're often illegal, too. You need to know how to tell a "good" loan from a bad one. Otherwise, you could end up paying too much, hurting your credit rating—and even losing your home. 

HOPE THIS HELPS:)