Why improve your Credit?
Access to credit: Your credit score is a reflection of your creditworthiness, and lenders use it to decide whether or not to lend you money. A good credit score can help you qualify for loans, credit cards, and other financial products with favorable interest rates and terms. On the other hand, a poor credit score can make it difficult to get approved for credit or result in higher interest rates and fees.
Lower interest rates: A good credit score can help you qualify for lower interest rates on loans and credit cards. This can save you thousands of dollars over time in interest charges.
Employment: Some employers run credit checks as part of their hiring process, especially for positions that involve financial resp.
Housing: Landlords and property managers may also check your credit score when you apply for an apartment or rental home.
Insurance rates: Your credit score can also impact the rates you pay for insurance, such as auto or homeowner's insurance.