
A strong credit score can make borrowing easier and less expensive.
That doesn't mean a credit score is the only measure of your financial health. It's not. Your score doesn't show your income, savings, values, work ethic, or worth as a person. But it can affect important financial decisions, including whether you are approved for a credit card, auto loan, mortgage, apartment, or other credit-based product.
It can also affect cost. A stronger credit profile may help you qualify for more competitive interest rates, while a weaker one may lead to higher borrowing costs or fewer options.
The good news is that building credit is not about tricks or shortcuts. It is most...