Some say that knowledge is power, and while that may be true, what is even more true is that having knowledge can help you make better questions. Still, some people are too afraid of seeming foolish, and so they do not ask questions that they think are too foolish.
The problem with not asking those questions and pretending that you actually do know them is that you are expected to know them. No one is going to answer them for you. And if you aren’t willing to take the steps to find out the answers for yourself, you could wind up with certain consequences.
Consequences Vary
Sometimes the consequences may be as simple as not getting the information you need to make an informed decision. You might be too scared to ask “how can I get a free credit score,” and the consequence will be that you do not get the information you need. Your bank will get that information. Your insurance company will get that information, but you won’t have it. In other situations, the consequences will be far more severe than just failing to ask “how can I get a free credit score.” They may involve your getting a significantly higher interest rate or getting bad terms because you did not ask the simple questions.
People Rarely Think Anything Of It
The fact is that when people ask simple financial questions, most people don’t think anything of it. They may be surprised that you have to ask “how can I get a free credit score,” but they aren’t going to think that you’re stupid. What may surprise you though is that when you ask for explanations of things like amortization and bank interest rates, people may admit that they don’t know the information either. Then you can all figure out where to get the answers.
It’s Your Life
When you’re thinking that you don’t want to risk asking a question or that you are too afraid of people thinking badly of you, remember that it is your life and your financial future. You should not let that fear keep you from getting the information you need. Having your free credit score on hand can help you determine the likelihood of your succeeding with your loan request just as having all of the pertinent facts can help you make a more informed decision on your loan provider.
No Such Thing as a Silly Financial Question
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