---
title: Credit Score Does It Matter?
description: Credit score evaluates and considers only the information in a borrower's file at a credit reporting agency. As an index, the score reflects the relative risk of serious delinquency, default, foreclosure or bankruptcy associated with a borrower. Lenders and bank use this information when making decisions on approvals or rates given to clients.
---

[Blog - Bailey & Wood Financial Group ](https://www.bawfg.com/blog)

# [Credit Score Does It Matter?](https://www.bawfg.com/blog/credit-score-does-it-matter)

 Written by [Bailey & Wood](https://www.bawfg.com/blog/author/bailey-amp-wood) | Apr 24, 2019 5:57:24 PM

Credit score evaluates and considers only the information in a borrower’s file at a credit reporting agency. As an index, the score reflects the relative risk of serious delinquency, default, foreclosure or bankruptcy associated with a borrower. Lenders and bank use this information when making decisions on approvals or rates given to clients.

[View full post](https://www.bawfg.com/blog/credit-score-does-it-matter)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Bailey & Wood"
  },
  "dateModified" : "2022-02-15T20:38:19.541Z",
  "datePublished" : "2019-04-24T17:57:24Z",
  "headline" : "Credit Score Does It Matter?",
  "image" : {
    "@type" : "ImageObject",
    "height" : 1920,
    "url" : "https://f.hubspotusercontent10.net/hubfs/5654466/Imported_Blog_Media/credit-score-1.jpg",
    "width" : 2880
  },
  "mainEntityOfPage" : "https://www.bawfg.com/blog/credit-score-does-it-matter",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60.0,
      "url" : "https://5654466.fs1.hubspotusercontent-na1.net/hubfs/5654466/MJTW%20Assets/logos/BAWFG%20logo%20updated.png",
      "width" : 259.44666
    },
    "name" : "BAWFG Blog"
  }
}
```