Having a good credit score is essential to maintaining a strong financial portfolio and can open up opportunities that might not otherwise be available. If there’s one thing you should prioritize in life, it’s having a good credit score — here’s why.

1. Easier Debt Consolidation: If you’re looking to consolidate a variety of debts into one manageable loan, the best way to do so is by accessing an unsecured loan. These types of loans are more likely to be granted to people with good credit scores. This means that you can get a lower rate and reduce the amount of interest you’re paying on all of your debts.

2. Lower Insurance Premiums: Many insurance companies take into account your credit score to decide how lines to their products they are willing to offer you in order to decide your insurance premiums. The better your credit score, the lower your premiums are likely to be.

3. Improved Ability to Access Credit: For larger purchases such as a car or home, a good credit score will mean that you’re more likely to have access to the best financing rates. This can make a huge difference as you’ll save money