Assessments of applicants for credit using a points system. A score is awarded for each of the applicant’s characteristics, e.g. home ownership, employment and payment record for previous credit. Credit is granted if the total score is above the...

The chance of financial harm plus the chance that a borrower will renege owing to MORAL...

In the United States, a credit score is a number that is based on a statistical analysis of a person's credit report, and is used to represent the creditworthiness of that person—the likelihood that the person will pay his or her debts. A credit score...

An explanation of how credit scores affect a consumer's ability to obtain lines of credit.