![How to improve your credit score and why it matters 1 How to improve your credit score and why it matters](https://financialnewsarticles.com/wp-content/uploads/2022/04/how-to-improve-your-credit-score-and-why-it-matters-4jT5uXaRwSMhqdefault.jpg)
Your credit score comes into play when you borrow money from a financial institution. It is a metric that lenders use to evaluate how responsible you are and have been at borrowing money. The higher your credit score, the better rate you can get on loans and mortgages.