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.