A good credit score is important in today’s world. It can help lower your borrowing costs and help you to pay less for insurance. It could even help you land a job! That’s because lenders, insurance companies and a growing number of employers are using credit information to make decisions. What’s the best way to increase a credit score? Here are three things that people with high credit scores have in common:
Consumers with high credit scores often enjoy lower rates for mortgages and other types of consumer loans and lower premiums on some types of insurance policies. A high credit score also can help you during a job search, since nearly half of U.S. employers conduct credit background checks on applicants.