Why Is Credit Important?

Discover ways that your credit impacts your everyday life and stay informed on maintaining good credit. Your credit can impact your chances of qualifying for loans and credit cards. Companies check your history with credit to determine if you have been responsible with your money. Here are a few ways that you can maintain a good credit score. 

  1. Make payments on time, such as loans and other bills. 
  2. Keep your credit card balances low and try not to reach your total credit limit. 
  3. The longer you maintain good financial habits with your credit, the better your credit score will be. 

Knowing when your credit will be checked may help give you an idea of the areas where your credit is most important. A few of these areas include credit cards, home and auto loans, and insurance providers. 


Learn more about the perfect credit card for you at Success Credit Union. We offer Visa Credit cards with great rates and no annual fee.