People’s lives revolve around money even if very few are ready to check their credit histories. Forget about those individuals that say money is not everything. It may not be in the literal context. But it is at the center of almost everything. Think about buying a car, getting an education, owning a home -money remains the determining factor. Yet very few individuals can have all the above without borrowing. Lending institutions have rules, and one is to get a thorough scrutiny of the credit history report. Meaning that before someone obtains credit previous records of borrowing and repayment come to the equation.