credit score

[ kred-it skawr ]

nounPersonal Finance.

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.

Origin of credit score

First recorded in 1975–80

Walston had put in applications for each, and each had been rejected, even though she was making $55,000 a year and had entered a debt consolidation program to repair her credit score.
The stimulus relieved short-term pain, but eviction’s impact is a long haul | Kyle Swenson | February 8, 2021 | Washington Post
This ridiculous collection has caused my credit score to drop.
Debt collectors, payday lenders collected over $500 million in federal pandemic relief | Peter Whoriskey, Joel Jacobs, Aaron Gregg | January 15, 2021 | Washington Post
She would submit the paperwork, work out payment plans, try to explain how an eviction could damage a credit score for years to come.
Trying to enjoy the holidays with eviction looming in the new year | Kyle Swenson | December 27, 2020 | Washington Post
Right now, when you go get a credit card, you don’t know if it’s the best rate you can get based on your credit score.
Intuit’s CEO on the $7.1 billion Credit Karma acquisition, reorienting toward A.I., and reskilling workers | Geoffrey Colvin | December 22, 2020 | Fortune
The changes basically made it more difficult for people to rebound their credit score by consolidating credit card debt.
Upstart CEO talks major IPO ‘pop,’ A.I. racial bias, and Google | rhhackettfortune | December 18, 2020 | Fortune

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