They do this because borrowers who have bad credit often have a history of not paying loans on time or have made multiple unsuccessful loan inquiries. (valuepenguin.com)
Being irresponsible means taking out more money than you can afford, not repaying loans on time, being chronically late, and spending too much with lines of credit. (nationalcashcredit.com)
Data confirms that students who do well in school also do well using credit responsibly and paying back loans on time. (meritize.com)