What does Credit Score mean? Read on to discover the definition & meaning of the term Credit Score - to help you better understand the language used in insurance policies.
A credit score is a number given by lenders to represent how much a person is capable of paying a debt. The score is based on the person's credit history, among other factors, with a high score indicating that they are trustworthy when it comes to making debt payments.
We hope the you have a better understanding of the meaning of Credit Score.