leondrac leondrac
  • 07-04-2018
  • Social Studies
contestada

which best explains what a credit score represents

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destinyware destinyware
  • 07-04-2018
A numerical rating that expresses how likely you are to repay your debts.
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mbm1000
mbm1000 mbm1000
  • 26-08-2019

Answer:

A Credit Score represents a guarantee, a sense of certainty and reliability of a person's trustworthiness or not, it's an indication of how finacially stable a person is, of how good a person's money management skills are based on facts, based on people's own behavior in the past; it represents an evaluation of eventual risk and how likely somebody will repay a debt.

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