A credit score is a three-digit numerical representation of your creditworthiness, typically ranging from . It acts as a financial "snapshot" that tells lenders how likely you are to repay borrowed money on time. Core Components of a Credit Score

: Also known as credit utilization; it measures how much of your available credit you are currently using.

Most scoring models, including the widely used FICO Score (used by 90% of top lenders), calculate your score based on five key factors: