Credit Score

Pronunciation: /ˈkrɛdɪt skɔr/

Definitions of credit score

noun a numerical representation of a person's creditworthiness, based on their credit history and financial behavior

Example Sentences

A1 My credit score is good.

A2 She checked her credit score before applying for a loan.

B1 Having a high credit score can help you qualify for lower interest rates.

B2 It is important to regularly monitor your credit score to catch any errors.

C1 Lenders often use credit scores as a factor in determining loan approval.

C2 Improving your credit score can take time and effort, but it is worth it in the long run.

Examples of credit score in a Sentence

formal Lenders use your credit score to determine your creditworthiness before approving a loan.

informal Your credit score can affect whether you get approved for a credit card or not.

slang Dude, my credit score is so low, I can't even get a decent interest rate.

figurative Think of your credit score as a financial report card that shows how responsible you are with money.

Grammatical Forms of credit score

• plural: credit scores
• comparative: more credit score
• superlative: most credit score
• present tense: credit score
• future tense: will credit score
• perfect tense: have credited score
• continuous tense: is crediting score
• singular: credit score
• positive degree: credit score
• infinitive: to credit score
• gerund: crediting score
• participle: credited score

Origin and Evolution of credit score

First Known Use: 1950 year

Language of Origin: English

Story behind the word: The term 'credit score' originated in the United States in the mid-20th century.

Evolution of the word: Initially, credit scores were used by lenders to assess the creditworthiness of individuals applying for loans. Over time, credit scores have become a key factor in various financial decisions, including obtaining credit cards, mortgages, and even insurance rates.