The credit score for an consumer is a key piece of information lenders and financial institutions use when deciding to issue credit or extend loans. (stockmonkeys.com)
When consumers purchase a credit score — credit reports are free, scores cost money — they believe they are looking at the same information a lender uses to judge their creditworthiness. (debt.org)
Credit scoring evaluates the same information lenders already look at — the credit bureau report, credit application and / or your bank file. (waynethecreditguy.com)