The only time you need to borrow money from a bank is of you are buying a house, really. Remove the strong incentive to buy a place to live and then a credit score becomes a vague thing that only people working in finance know or care about.
9/10 times yeah you’re only really borrowing money from a bank for mortgages and that’s the only loan you NEED to have. Otherwise there’s credit cards, small business loans, car loans etc. You can probably get-by without those though.
The only time you need to borrow money from a bank is of you are buying a house, really. Remove the strong incentive to buy a place to live and then a credit score becomes a vague thing that only people working in finance know or care about.
9/10 times yeah you’re only really borrowing money from a bank for mortgages and that’s the only loan you NEED to have. Otherwise there’s credit cards, small business loans, car loans etc. You can probably get-by without those though.