When you apply for a loan from a lender or a bank, they will check credit score ratings which can be obtained by them from credit bureaus. Credit score is important for you when you make future decisions regarding credit, when you decide to take loans, or when you need to present your credit report score for employment or insurance purposes.
If your a student you never be late on a payment or else you will have a bad credit score. While I was browsing on the internet, I found this website called FreeScore.com. They are committed to leveling the playing field between consumer and creditor to create a truly efficient market for the consumption of credit.