credit score
/ˈkrɛdɪt skɔːr/ · cred·it score
noun
- A numerical expression, usually ranging from 300 to 850, that represents an individual's creditworthiness based on their credit history. She checked her credit score before applying for a mortgage.
- The result produced by a credit‑scoring model used by lenders to assess risk. The bank's automated system assigned him a credit score of 720.
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Did you know? The most widely used credit scoring model, the FICO score, was created in 1989 by engineer Bill Fair and mathematician Earl Isaac.
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