The savings from raising your credit score are likely more than you realize

You know it's important to have a good credit score. But you may not realize just how much money raising your score could save you.

But you may not realize just how much money raising your score could save you.

If you have debt from a credit card, personal loan, car loan and a mortgage, you could save more than $22,000 over the lifetime of the credit and loans. Schulz said another thing you can do is make sure you're checking your credit report from the three major credit bureaus."There are more mistakes and errors on credit reports in general than people realize, and having good credit is hard enough without somebody else's mistakes holding your score down unnecessarily," said Schulz.

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