Which term is used to describe the numerical measure of a borrower's creditworthiness, usually shown as a number?

• A. Credit history
• B. Credit score
• C. Credit bureau
• D. Credit report

Answer: (B)

The main idea here is recognizing that a credit score is the numerical gauge of how creditworthy a borrower is. It’s a number derived from your credit history data using scoring models like FICO or VantageScore, and lenders use it to estimate risk when deciding whether to approve a loan or credit, and at what terms. Scores typically range from around 300 to 850, with higher numbers signaling lower risk. The score condenses several factors—payment history, amounts owed, length of credit history, new credit, and credit mix—into a single numeric assessment. This is different from a credit history (the detailed record of past loans and payments), a credit bureau (the agency that collects and stores credit data), or a credit report (the compiled file that includes history and personal information).