credit score explanation

[basia3343]

for those people that don't know what is credit score I would like to explain
What is a Credit Score?

Scoring is a key factor in determining if you can get credit and also determine how much you qualify for, and at what cost with mean interest rates
Lenders are relying on “credit scoring" to determine your credit worthiness Fico credit score 80% of lender 20% FAKO..from Trasunion Experian and Equifax

What these scores measure is how likely you are to repay your obligations
and debts -- and are the main factor that determines if you get loans and
credit, at what interest rates and at what cost.

Your credit report affects more than your financial life. It could affect your
education, career and even your relationships. Your credit report is used not
only by lenders and creditors, but auto, life and home insurers, future employers and even some educational institutions. Employer check your credit score to to see and determine if you qualify for financial position

[admin]

yes, that is true, lender most of the time I will say 90% of the time check FICO score instead of FAKO, I don't know where did you get those statistic but fico say that they taking care of 95 % client in United States.. pretty much this " digit" is high...