A credit score is, indeed, a vital component in the lending industry. It is an important matter most especially to the lender's and creditor's parts. When applying for credit (http://www.gtcredit.net/articles/what-is-credit), your credit score will be the first thing that the lenders will check up on. They will take a look at how good or how bad it is and review your credit history. It will determine your qualifications for what type of credit you can get – a credit ..