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Chapter 9. Insurance and Your Credit Score > But What's the Connection?

But What's the Connection?

What none of the studies have been able to prove is a causal link between credit and claims. In other words, they can't explain why poor credit should lead to more insurance losses.

Insurers speculate that people who are responsible with their credit might be more likely to be responsible with their cars and homes. Or, perhaps people who mismanage their finances are more likely to make claims because they need the cash.


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