What does credit score mean?
Definitions for credit score
cred·it score
This dictionary definitions page includes all the possible meanings, example usage and translations of the word credit score.
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Wiktionary
credit scorenoun
A measure of credit risk, usually for a consumer, calculated from credit information using a standardized formula.
Wikipedia
Credit score
A credit score is a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of an individual. A credit score is primarily based on a credit report, information typically sourced from credit bureaus.Lenders, such as banks and credit card companies, use credit scores to evaluate the potential risk posed by lending money to consumers and to mitigate losses due to bad debt. Lenders use credit scores to determine who qualifies for a loan, at what interest rate, and what credit limits. Lenders also use credit scores to determine which customers are likely to bring in the most revenue. Credit scoring is not limited to banks. Other organizations, such as mobile phone companies, insurance companies, landlords, and government departments employ the same techniques. Digital finance companies such as online lenders also use alternative data sources to calculate the creditworthiness of borrowers.
Numerology
Chaldean Numerology
The numerical value of credit score in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of credit score in Pythagorean Numerology is: 2
Examples of credit score in a Sentence
Most lenders will require you to put down 25 % to 30 %, depending on your credit score and loan dollar amount.
If you have a good credit score, flaunt it, when it comes to dating, a good credit score ups your mate value, helping you win a responsible, long-term partner, more so than some other qualities that online daters might highlight on their profile.
Anytime you cross 30 percent, you hurt your credit score.
They worry about how a lower credit score could impact their job, or their ability to get a mortgage when they need it.
You'll want to make sure that any payment arrangement that you made really isn't impacting your credit score, mistakes happen.
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"credit score." Definitions.net. STANDS4 LLC, 2024. Web. 3 May 2024. <https://www.definitions.net/definition/credit+score>.
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