Credit and Debit

In the United States, a credit score is a three-digit credit rating that represents an estimate of an individual's financial creditworthiness as calculated by a statistical model.

A credit score attempts to quantify the likelihood that a prospective borrower will fail to repay a loan or other credit obligation satisfactorily over a specified period of time. A credit score is typically based on the information in an individual's credit report. Lenders such as banks and credit card companies use credit scores to manage the risk posed by lending money to consumers.