The most important reason to maintain good credit is for loans. There are a number of other reasons (I’ll mention later) but it’s primarily to save you on the interest you’ll pay on loans. With that said, here are a few tips to consider when applying for a loan.
Most banks and lenders consider anything above 720 excellent.
Keep your Debt-To-Income (DTI) under 30%.
Keep Loan-To-Value (LTV) under 80%.
Stay within these 3 guidelines and you should be fine.