Good credit is a necessity for acquiring many things in life. There are many important reasons for saying "yes" to credit. Below are some of those reasons, as well as ways to get and build your credit so that it's where you need it to be when you need a loan.

It Follows You Everywhere

Like it or not, your credit is going to follow you wherever you go. It's used to give you loans, get jobs, and verify that you are who you say you are. It's a method of determining whether or not you're a trustworthy person in this day and age. If you have bad credit or no credit, it's going to be hard to get ahead in life. You don't have to do much to get credit. Just apply for a new credit card with a small limit. By using it only for small purchases you can pay off each month, you will begin your credit history. Even if you never add another card to that first one, you'll build something on this.

You Might Want to Buy a House One Day

You might want to buy a house one day, and if so, you're likely going to need a mortgage. Without credit - or with bad credit - you're not going to get a home loan. You may not even be able to get the rental property that you want. Credit cards are an important aspect of acquiring and maintaining a good credit score. Keep your spending low but consistent and your debt-to-income ratio good as well.

You Might Need a New Car

It's great when you want to save money by purchasing an inexpensive car. However, it will also cost you money to fix it. So, when that old reliable car isn't so reliable anymore, you'll need a new one. Unless you have enough saved up to buy a car outright, you'll need decent credit to get a new one. Car loans are even harder to get than home loans, so be kind to yourself, and keep your credit in good order if you're looking for a new car.

Your Future Employment Can Depend On It

A prospective employer could go through your credit history. If you have bad credit or no credit at all, they may be less likely to offer you a job. Your credit readiness and reliability show that you are someone who can be trusted. Your employer will use personal and professional references and your credit score to determine how likely you are to be a good employee.

There are a lot of reasons to work on your credit: getting the dream job, buying a reliable car, or getting your first home. Say “yes” to credit and prepare yourself for the future.