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.

---

Etymology

Origin of credit score

First recorded in 1975–80

Example Sentences

This happens either when rates decline, or your credit score improves enough to qualify you for a better rate.

From MarketWatch

You can quickly improve your credit score in just weeks to months, if you make the right moves in the right order.

From MarketWatch

This happens either when rates decline, or your credit score improves enough to qualify you for a better rate.

From MarketWatch

You can quickly improve your credit score in just weeks to months, if you make the right moves in the right order.

From MarketWatch

The FHA allows borrowers to make down payments of as little as 3.5% of a home price with a credit score as low as 580, making it one of the most popular programs among first-time and lower-wealth home buyers.

From Barron's