Creditworthiness is a measure of how likely you are to default on your debt obligations. Your credit score is one factor that creditors look at when determining your creditworthiness, but it's not the only one. Other factors include your income, debts, and credit history.If you have a high credit score, it shows that you're a low-risk borrower and more likely to repay your debt obligations on time. This makes you more attractive to lenders and increases your chances of being approved for new credit.If you have a low or bad credit score, it shows that you're a high-risk borrower and more likely to default on your debt obligations. This makes you less attractive to lenders and may decrease your chances of being approved for new credit."It's important to maintain good creditworthiness so that you can continue borrowing money at favorable interest rates and terms. You can improve your creditworthiness by paying off existing debts as quickly as possible and by keeping your credit utilization ratio low."