In order for you to understand how important credit is, you need to know what it is. A basic way to describe it is by saying it's a way for a someone to track how likely you are to pay them back if they loan you money.
This is extremely important because 99% of you will need credit at some point in your life.
For example: Financing a car or a home.
These two of the largest loans you will ever need because these are you're most of your most expensive assets you'll ever own.
I doubt most of you have the money to go out and buy either of these with cash.... so you need credit.
The point is... Credit is important.
Now, let's learn what determines credit. Click Here