Credit is part of your financial power. It helps you to get the things you need now, like a loan for a car or a credit card. Your credit helps ensure you'll qualify for loans when you need them.
A good credit score can enable you to obtain a credit card, take out a loan or even rent an apartment. A good credit score lenders to loan you money. You may be able to get a lower interest rate on a credit card, allowing you to save money to put in your pocket or help while repaying your balance