Good credit is becoming more and more important in Kentucky for a variety of reasons. It's certainly essential when borrowing money or financing a purchase. Not only can credit help one qualify for a better rate, but it often determines approval or disapproval. Landlords regularly check credit standing, prospective employers may ask and even utility companies now want to find out a potential customer's bill-paying history. Repairing bad credit makes sense, and the sooner the better.
Talking about the gender debt gap
Women in Kentucky and throughout the country tend to have more debt than men. This is partially because of the gender wage gap that sees a female worker earning as little as 72 cents for every dollar made by a male. For instance, a woman paying student loans has an average debt of $30,716 compared to a man's average of $24,232.
