What is a Credit Score?

     The following credit score information was published and provided by Experian.com on August 21, 2003.

     A credit report score is a number lenders use to help them decide: "If I give this person a loan or credit card, how likely is it I will get paid back on time?" It is generated through statistical models using elements from your credit report; however, your score is not physically stored as part of your credit history on the credit file. Rather, it is typically generated at the time a lender requests your credit report, and is then included as part of the report.

     Your score is a fluid number, and it changes as the elements in your credit report change. For example, payment updates or a new account could cause your score to fluctuate. There are many different types of scores used in the financial service industry. Your score may be different from lender to lender (or from car loan to mortgage loan), depending on the type of credit scoring model that was used. (Experian.com, 8/21/03)

To find out your credit report score use this link:


To learn more about credit report scoring, visit the links below:


The History of Credit Report Scores

Types of Scores

Credit Bureau Scores

How a Score is Calculated

Factors Effecting a your Score

Raising your Score

Improving your Score

How Long Does it take to Rebuild your Score


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