It actually does. Your credit history is a crucial part of your financial journey. Your credit history and credit score will determine the interest rates you pay on mortgages or even credit cards.
In fact, it's not just about applying for credit. Your credit history matters to your employer, landlord, insurance company, and even certain service providers. A negative remark on your credit history makes you, somewhat, less desirable.
It is quite common among employers to check their employees' credit history, and even make it a part of the regular hiring process. Similarly, a landlord will check your credit history to ensure that you pay your rents and other bills timely before letting you in the property.
Your credit history dominates every part of your life, so make sure to maintain a healthy credit score. Check your credit report at least once per year. You can get one free annual credit report from each of the three major credit bureaus.