A credit score is a numerical representation that summarizes a person's creditworthiness. It is based on information from a credit report, which contains details of a person's credit history, such as loans, credit cards, and payments.
In the UK, credit scores are typically provided by credit reference agencies (CRAs), such as Experian, Equifax, and TransUnion. Each CRA uses its own scoring model, but the scores generally range from 0 to 1000. A higher credit score indicates a better credit history and can make it easier to obtain credit and secure favorable terms.
