Unknown to many, one's credit score or rating is an essential marker of someone's financial capacity. Because it's a complicated calculation, many disregard the figure.
They think it doesn't concern them. That is far from the case. Whether or not you have a bank account, are planning to get a loan for a car, or simply borrowing money, your credit score decides how far you can take a step forward, financially.
Source: https://www.entrepreneurshipsecret.com/how-a-good-credit-score-helps/