How Important is your Credit Score?

Willy likes to cook but Willy’s real job is in providing credit to deserving people.  I doing that Willy stresses often to people how important it is to maintain a good credit score.  Just recently I had the opportunity to run a customers credit score about four months apart.  The first time the credit score was 733.  The second time I ran their credit score it had dropped to 673.  The only difference was that during that time frame the couple had taken out a new car loan and they had made the second payment over 30 days late.  That slight change in their credit history made them drop over 60 points.  This is important.
If you are needing to get a loan or do something that your Credit bureau score is important to then you should probably be aware of what that score is.  The question is how do you keep up with the things that affect your score.  Well, one of the things that many people do is to go online and get a free credit score.  This will allow you to know what the lender will know and be prepared to take on that task of getting an approval with the score that you know that you have.
So the point of it all is that your credit score is important and you need to do two things.  The first thing is to do everything that you can do to keep your score good and the second thing is to keep aware of what your score is.
This is my thoughts on that subject.
10-4 Willy