There are many people interested in looking at your credit score or more importantly your credit history. A good score shows you as a person who diligently pays your debts when they fall due and a poor score will reflect badly on you and lenders may well decide that you should have to pay a premium in the interest rates, or worse still, they may be reluctant to loan money to you at all.

As much as possible avoid maxing out your card to the limit. If you have a monthly charge to that card that causes it to max out, get a card with a greater limit since that can lower your score when the formula is used.

When you are applying to a financial institution to borrow money you are generally asked to sign a form that will grant the lender authorisation to check on your credit score with your countries credit reference agency.
A credit score check is quite often the first thing that a financial institution (lender, insurer, bank or credit [...]