A credit score or credit rating is a method used in Anglo-Saxon countries to determine the creditworthiness of the loan applicant.

He takes the form of a number, with a higher number indicating better creditworthiness. The credit score only applies to credits to private individuals credit repair business training.

Credit scores are granted at the request of banks and other financial institutions by a number of specialized companies (credit bureaus). Without such a score, it is very difficult to obtain a loan or credit card. Too low a credit rating may be a reason to reject an application, while a slightly less low one may still lead to a higher interest rate and / or additional security from the person concerned. Providing funds aims to estimate the debtor risk.

The most famous credit rating is determined by the Fair Isaac Corporation, also known as FICO. The score determined by this institution is also known in the corridors as FICO score. This score takes the form of a number between 300 and 850. The way in which this is calculated exactly is not subject to change periodically and periodically.