If you have a bad credit score, it can feel like an uphill battle to get it back up. But, the truth is that it’s not impossible to do, and it’s often worth it. Improving your credit score is more than just being able to apply for a loan or credit card— the positive benefits on your life are far-reaching and can have a profound impact. Here’s why you should strive to raise your credit score.

You’ll save money: The most obvious benefit to improving your credit score is that you’ll have better chances of being approved for a loan or credit card and getting better rates. Lenders assess loan applicants to gauge how much of a risk they are. The higher your score, the lower risk you are considered and the lower your rates will be. Lower interest rates are a huge money-saver in the long run.

You’ll get access to more advantages: When you have a good credit score, you’ll have access to more advantages than just lower interest rates. Many rental property owners and landlords will require a good credit score when applying for rental agreements. Employers may also see your credit score as