Credit Score Guide





What is a credit score?



A credit score is a number assigned to a person representing their ability to repay a loan or debt. Credit scores range from 300 to 850. Higher scores indicate more trust in your ability to repay over time. Debt, payment history, credit usage and length of credit history all impact your score. Your ability to buy a house, get a loan or make other large financial purchases can be affected by your credit score.

Get financial offers based on your credit score











Why is a credit score important?

Financial trustworthiness


Anyone with a student loan, credit card, mortgage, or auto loan has a credit score. Credit scores indicate financial trustworthiness. Car dealerships, renters and lenders typically check your score before you can rent an apartment, buy a car, get approved for a loan or purchase a house. See what financial offers can help your credit score.

credit score trustworthiness








credit score report
Is no credit history better than a low credit score?

No credit vs. low credit scores


No credit score means companies cannot verify your ability to repay debts on time. A consistently low credit score (between 580-669) means you have continuously failed to repay existing debts or loans on time. Low credit scores and no credit score show low levels of financial trustworthiness and can severely hurt your chances of being approved for a credit card or loan in the future. Lender Daily wants to improve your credit score by finding offers in your credit range.