Why is your credit score important? Having a great credit score means that you are credit worthy and will get the loan or credit you apply for. Having a great credit score means that you are credit worthy and are more likely to get the loan credit you apply for. Having a great credit score means that you are credit worthy and are more likely to pay more on the loan or credit you apply for. Having a great credit score means that you are not credit worthy and are more likely to get the loan or credit you apply for