Which best explains what a credit score represents? A. A number showing how likely you are to have more than one credit card. B. A numerical rating that expresses how likely you are to repay your debts. C. A numerical rating that shows how much money you have in your bank account. D.A number expressing your yearly income.
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Credit score refers to your probable credibility to repay loans or debts.
The credit score comprises of numerical statistics that are indicative of your creditworthiness. They observe how specifically and on what time do you make your payments against loans, with past inferences.
Thus, here the option that best explains what a credit score represents is option B. i.e. A numerical rating that expresses how likely you are to repay your debts.
The credit score comprises of numerical statistics that are indicative of your creditworthiness. They observe how specifically and on what time do you make your payments against loans, with past inferences.
Thus, here the option that best explains what a credit score represents is option B. i.e. A numerical rating that expresses how likely you are to repay your debts.
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