Having a good credit score is important because: a) it can impact your ability to get a driver's license B) it can impact your ability to be approved for bank loans C) it's can impact how much you will have to pay the government in taxes D) it can impact how much you will have to pay for college

Having a good credit score is important because it can impact the ability to be approved for bank loans. Credit scores determine if someone is financial mature enough to borrow the certain amount of money someone wants. For instance if you have no credit the bank will most likely not give out a loan to buy that item wanted. If someone has bad credit the bank will not give you credit either because they can see that the person is most likely not going to pay it back. If you have good/excellent credit the person should fet the loan because they have shown that they pay what they owe and have little to no debt.

B - your credit score is what banks look at when they are going to lend you money. It is important because it is more expensive to borrow money if you have a lower credit score than if you have a higher one.