Having credit cards and paying them off regularly will build your credit and make it easier to get loans for houses and other such things. (money.stackexchange.com)
Fixed - rate loans for housing have fallen by less than those for small businesses since they had also risen by less during the phase of rising yields in capital markets in 1999. (rba.gov.au)
Having a good credit score is essential for obtaining future loans for a house or car. (synchronybank.com)