Credit granting policies appear to be getting tougher today in the credit crunch,  so one of your tasks to carry out regularly should be to raise your credit score.   Most people do not think about their credit history often, but not doing anything about it,  year after year,  is undoubtedly one of the worst things you can do.

The major reason it is vital to have your credit report as high as practical is because all lenders for giving you any sort of credit will look at your credit report so they can see what sort of a credit risk you will represent to them when they consider your loan request.   The interest rates and incentives they will offer is basically dependent on how much of a risk they feel you represent to them,  and that risk factor is determined mostly by your credit score as reported by the credit reporting agencies and credit bureaus.