Why are your credit report and credit score important? Because a good credit score can save you hundreds of thousands of dollars in interest charges. How? Well, if you have good credit, it makes you less risky to lenders, meaning they can offer you a better interest rate on loans. Maybe you don’t need a loan today, but in three or four years, you might need to start thinking about a car or a house. So please don’t scoff at or dismiss what you just read.
