It is important to pay off your debt.
Gavin is a newlywed who has been racking up credit card debt for years.
Gavin wants to apply for a home loan, so he and his wife can start a new life together.
Gavin saves up enough to pay off his past debts before applying for a home loan.
Without paying off any of his debts, Gavin goes to the bank to apply for a home loan.
Gavin's credit is in good standing, and he is approved for the loan.
The bank sees that Gavin's credit is not in good standing and denies him the loan.