credit score

American  

[kred-it skawr] / ˈkrɛd ɪt ˌskɔr /

noun

Personal Finance.

1. a numerical ranking of an individual’s financial creditworthiness based on spending and credit history, indicating to potential lenders and credit card issuers the individual’s capacity and likelihood to make timely payments of amounts due on loans or credit cards.

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Etymology

Origin of credit score

First recorded in 1975–80

Example Sentences

A “good” credit score ranges from 670 to 739, according to Experian, while “very good” credit starts at 740 and an “excellent” score is anything above 800.

From MarketWatch

That’s why Congress passed and the president signed into law the bipartisan 2018 Credit Score Competition Act.

From The Wall Street Journal

As a result, mortgage lenders and consumers will likely save nearly $600 million in mortgage credit score fees in 2026.

From The Wall Street Journal

Mortgage credit score competition strengthens mortgage markets.

From The Wall Street Journal

Clinging to a single failed legacy credit score isn’t the right path forward.

From The Wall Street Journal