Credit Scores are a tool that allows potential creditors to see an overall financial picture of you with just a number. When you are building up your Credit Report, you can later start to think about your Credit Score.
Credit Scores are not technically an indicator of good financial stability. For example, if a student has 3 credit cards and is just paying the minimum payments every month, that student could have a 100% payment record.
That same student could technically take out a large loan and not pay it back all while not having much money in his or her bank account.