Your credit score is important to lenders, as it helps them assess you as a credit risk, but it’s important to you, too, because it ultimately determines the interest rates you pay on credit cards and loans. While I knew this in my early twenties, the significance didn’t really sink in until I thought of it in terms…
source https://twocents.lifehacker.com/how-much-interest-you-actually-pay-based-on-your-credi-1846968375