What does good credit mean?

Having good credit means different things to different people—it depends on who is reviewing your credit report. Typically, though, it means you have a history of paying your bills on time. Following is a list of what good credit means to others.

What Good Credit Means
Type of person or entity:	What good credit means:
Potential lenders (banks, credit unions, credit card companies.)	That you will pay your will pay your monthly loan amounts and credit card bills by the due date.
Banks (for determining ATM limits and whether to offer you check overdraft protection)	There is a very strong chance you will not bounce checks.
Employers	That you will be responsible and reliable on the job.
Insurance companies	That you will not file a claim.
Landlords	That you will pay your rent by the due date.
Utility companies	That you will pay your utility bill by the due date.