Credit score: Difference between revisions
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== See also == | == See also == | ||
* [[County court judgment]] | |||
* [[Credit]] | * [[Credit]] | ||
* [[Creditworthiness]] | * [[Creditworthiness]] | ||
Revision as of 19:50, 2 April 2020
A summary based on the credit record of an individual or a business, to represent their creditworthiness.
Potential lenders, such as banks and credit card companies, use credit scores to evaluate the risk of lending money or of advancing other forms of credit, and to reduce the incidence or size of losses resulting from bad debts.
