The phrase "less risk to the lender" means that there is a smaller chance of the lender losing money or not getting repaid when they give a loan or financial support to someone. Full definition
Older businesses typically pose less risk to lenders, so having a mature business will benefit your score. (valuepenguin.com)
Small - dollar personal loans, on the other hand, are usually unsecured loans for $ 3,000 or less and present less risk to lenders because the borrowed amount is smaller. (valuepenguin.com)
With this in mind, better credit scores mean less risk to lenders and often better rates on loans and credit cards for the consumer. (creditexpertllc.com)