In this economy, many have succumbed to impaired credit. More and more, people have taken to utilizing credit for day to day expenses. The use of cash (green paper with faces and numbers) is rare. It is much easier, and often more dangerous, to use a credit or debit card. The increase in credit usage, loss of employment, down-sizing, and an increased cost of goods and services are the perfect environment for missed payments and a poor credit score. Missed payments will affect your creditworthiness, and therefore negatively affect your ability to get credit.