Why does my credit score matter – Your Financial Life – BMO Harris Bank

Less than half of U.S. consumers know what their credit score is, but knowing your score is important. Your credit history shows when you have taken out a loan, used a credit card or gotten a mortgage, among other things . The better your score, the easier it is to borrow money at a low rate.

Have questions about your credit score?

Reference: American Bankers Association survey

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