Answer:
It is very important for people to have a good credit history, as this score allows those who need access to loans from banks or other financial entities, the possibility of obtaining lower interests, longer terms and different benefits arising from their credibility and the trust they inspire to the financial system.
Having a good credit score allows consumers to access better services and goods, which are financed by the banks. In turn, banks are paid monthly an amount consisting of a proportional fee plus the interest they impose to the consumer. If the person does not have a good score, it will be very difficult for him to access the different products that are in the market, since he will not be able to obtain the necessary financing to acquire them.