2006-10-16 06:51:00 · 5 answers · asked by ? 3 in Entertainment & Music ➔ Polls & Surveys
a number between 350? and 850? that ranks your lendability and credability....also your current status as far as payoffs, paying ontime, etc. Higher the number, the better.....
2006-10-16 06:54:20 · answer #1 · answered by Ron B. 7 · 1⤊ 0⤋
A score ranging from 300 to 900 which reflects the credit worthiness of a borrower, and is primarily determined by timeliness of past loan payments.
Your credit score is a number generated by a mathematical algorithm -- a formula -- based on information in your credit report, compared to information on tens of millions of other people. The resulting number is a highly accurate prediction of how likely you are to pay your bills.
2006-10-16 13:53:35 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Means how good your credit is. Everyone has a score.
2006-10-16 17:28:46 · answer #3 · answered by ▒Яenée▒ 7 · 0⤊ 0⤋
It is your credit score how good your credit depends partly on if you want to open a business. It will tell you if you pay your bills on time how many credit cards you have. If you have declared bankruptcy. that's the basics.
2006-10-16 13:58:06 · answer #4 · answered by Macey 6 · 0⤊ 0⤋
What your standing is with creditors.
2006-10-16 13:53:30 · answer #5 · answered by JustJane 6 · 0⤊ 0⤋