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

Payment history and amounts owed make up 35% and 30% of your credit score, respectively.

From MarketWatch

A credit score of 740 will qualify you for a loan with low interest rates, according to Fidelity.

From MarketWatch

Getting your credit score up past certain thresholds can actually save you money, according to a study by Realtor.com.

From MarketWatch

I know that by paying down your credit card, it can feel like you’re putting off saving for a home, but the reality is that you’ll want the best credit score possible when applying for a mortgage.

From MarketWatch

Sen. Josh Hawley said he would investigate FICO, citing increasing credit score costs as a strain on homebuyers.

From Barron's