Your Fico score is a three-digit number derived from detailed information from the three major bureaus regarding on your credit history and is one of your most valuable assets. A FICO score ranges from 300 to 850, and those with scores of 740 and higher are typically entitled to the best interest rates. Your credit score plays an important role in your financial life, it is the difference between being able to buy a home with a mortgage or keep renting and also affects drastically the interest rate that you pay on your loans (car loans, home loans, privately consolidated student loans, etc.). The higher the score, the lower you have to pay for interest rates.
Is time to start thinking about improving your credit score.