What is the significance of understanding and improving your credit score?

There are four major credit bureaus- TransUnion CIBIL, Equifax, Experian, CRIF High Mark that provide valuable insights on the credit history of the individual/business.

What is the significance of understanding and improving your credit score?
There are four major credit bureaus- TransUnion CIBIL, Equifax, Experian, CRIF High Mark that provide valuable insights on the credit history of the individual/business.