Credit score
Focuses on borrowing and repayment behaviour.
Credit & Debt
A credit score is a three-digit number based on information in a credit report that helps lenders estimate credit risk.
Credit 101 • 07
Lenders use scores as one input when deciding how risky it may be to lend to you.
Different bureaus and lenders can use different models, so you may see more than one score.
Focuses on borrowing and repayment behaviour.
Also includes savings, income, expenses, net worth and other factors.
It only tells part of the story about how you have handled credit.
Remember this
Use it as one piece of information about your credit behaviour.