Is credit score important in Singapore?

Most banks list only annual income requirement for their credit card & loan eligibilities. However, credit score can impact the chance of your application getting approved, particularly if you already have many other cards or loans or have a particularly bad credit history.

I was looking into housing loan and it seems like the good score won't give you higher quantum, but it may ensure your loan got approved. Good score will also allow easier CC approval if you hold multiple cards.

Not sure if you are business owner.