Whenever—wherever—you’re trying to get credit, your credit score plays a part. Trying to rent an apartment? Your landlord may well check your credit score. Need a car loan? Your dealer or bank will check your credit score. Buying a house? Your mortgage interest rate will be affected by your credit score.
With so much resting on your credit score, you can’t afford to ignore it. Here are some basics to help you understand what to look for and why courtesy of Charles Schwab.