Fixing or making your credit score better is really important for your money. It helps you do things like borrow money and get good interest rates.

A new study found that if you improve your credit score from okay to really good, you could end up making an extra $22,263 in your lifetime. This would mean saving about $92 each month, which is a pretty good amount of money, especially with things being uncertain right now.

Making your credit score better is really important when it comes to buying a house. If you make your credit score better, it could save you a lot of money on your mortgage. For example, if you make your credit score go from okay to really good, you could save about $16,677 on your mortgage. That's a big chunk of the total amount of money you could save.

You can save money on credit cards, personal, and auto loans by improving your credit score. Savings of $22,263 could result from this in total.

But it's important to know that the amount of money you can save, which is $22,263, is much less than it was before, which was $49,472 in the previous year. Most of the money you can save comes from paying less for your house. Even though the amount is smaller now, it's still a good amount of money to save.

One way to make your credit score better is to always pay your bills on time.

If you forget to pay for something, it can make it hard for you to borrow money in the future. Always remember to pay on time so you don't have any problems.

Rose recommended using reminders or automatic payments to always pay on time. This makes lenders think you are dependable, which could mean they give you better deals.

One idea is to ask someone you trust if you can use their account, some experts said.

If someone who is good with money adds you to their credit card, their good credit history can become part of yours. But this only works if you trust each other and work together.

Sometimes, if you ask your credit card company, they might let you borrow more money on your card. This can actually help your credit score because it means you're using a smaller percentage of the money you can borrow. Your credit score is a way to see how good you are at borrowing money and paying it back.

"If you do this, make sure you only ask for a small increase so that a manual review or hard query of your credit report may not be necessary," Wang added.

You can improve your credit score by fixing any mistakes on your credit reports.

Earle said it's a good idea to check your credit reports from three important places that keep track of your credit (Equifax, Experian, and TransUnion). This is to make sure that there are no mistakes, like wrong amounts of money or accounts that aren't yours.

Fixing mistakes can make your credit score go up a lot.