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

Don’t let a temporary hit to your credit score stop you from enjoying this moment.

From MarketWatch

Your credit score could take a couple of months to recover, which won’t impact your life unless you need to take out a car loan or you’re signing for a mortgage during that period.

From MarketWatch

“Your credit score will typically improve in one to two months,” Experian says.

From MarketWatch

Will they miss loan payments, forcing your husband to step in to help in order to save his own credit score and risk the lender calling in the loan?

From MarketWatch

If your brother-in-law does not have the credit score or income to qualify for a loan, you have your answer.

From MarketWatch