Credit scores can greatly impact your life in both a positive way and also in a negative way. If you do not need to borrow money, then your score may not affect you at all. Even if you are dealing with credit card debt, medical bills, or overdue loan balances, you should not get flustered over a dropping credit score. Do not let your credit score run your life. 

Credit scores are used by the lending industry because they can paint a decent picture of your financial health. For instance, people with higher scores tend to have a longer history of credit and are good about making payments on time while maintaining low amounts of debt. 

That does not mean that having a lower score during a particularly rough time in your life will ruin you forever. Your low score does not have to be a permanent scar in your financial body of work. 

The first step to improving your financial well-being is recognizing there is a problem. Second, you want to seek appropriate help to deal with the problems. If you are dealing with a foreclosure or possible bankruptcy, it may take several years to obtain the credit score you desire, but that is okay. As your credit score gradually improves, you may be eligible to start borrowing money again. 

An experienced debt relief and bankruptcy firm in New Jersey, such as, William H Oliver Jr & Associates, could be a good resource for answers to questions and concerns about your credit score. You should be able to live your life without having to worship your credit score.