Credit | Score Is

Your score is derived from data in your credit report using algorithms from agencies like , TransUnion , or FICO . The major components typically include: Credit report and score basics - Canada.ca

A credit score is a three-digit number ranging from (in Canada) or 300 to 850 (in the US) that represents your creditworthiness. It serves as a tool for lenders—such as banks and credit card companies—to predict how likely you are to repay borrowed money on time. 1. How Credit Scores Are Calculated credit score is