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

Will this affect my credit score and lead other banks to do the same?

From MarketWatch

Borrowers with a credit score of 670 or higher are typically eligible for 0% balance transfer offers.

From The Wall Street Journal

If you are looking for an even lower-cost way of driving a car and have a low credit score, you may wish to consider leasing a used car, though used-car leases are less common and terms vary widely.

From MarketWatch

If you are looking for an even lower-cost way of driving a car and have a low credit score, you may wish to consider leasing a used car, especially as the average price of a new car recently exceeded $50,000, per estimates from Kelley Blue Book, in part driven by the demand for electric vehicles and luxury trucks.

From MarketWatch

Your credit score might get dinged slightly for a month or two.

From MarketWatch