Why is it important to establish a positive credit history

Basically, your credit history is important because lenders, insurers, employers, and others may use it to assess how you manage financial responsibilities. ... Your credit history determines your ability to obtain credit. Your credit history determines the terms of credit granted, such as the interest rate you will pay.

Explanation:poop

I have not studied this topic, but, from what I know, establishing a positive credit history is important simply so you can buy things.

For example, if you bought a foreclosed house and need to remodel it, the bank will grant you a loan Only If you have good credit.

Another example would be when you buy your first car. If you pay in store for the car, you will need a loan. The bank will look at your credit to see if you are capable of paying back the money you borrowed.

A simple thing to gain good credit and trust is to pay bills and send them in on time.

Hope that in some way my answer helped.

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being judged during everyday activities lowers your self esteem

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        when doing your every day activities, it feels like a normal routine. there is nothing wrong with you doing what you do every day. but what happens when you start to get judged? what happens when the things that you used to normally do are being picked apart and thought-down on? that might lower your self esteem. you might start to feel depressed or uncomfortable. you were just doing your everyday life, right? if my schedule and day to day life started getting pulled apart and judged, i would get upset, and possibly mad. i wouldn't want to do my schedule everyday, knowing that it was going to get judged. being picked and judged would affect your life because not only is someone else thinking down on you, you start to think down on your life. you start to feel that your worth lowers, and that your worth is in the hands of someone else.

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i don't know about that chief