When a consumer applies for credit â whether for a credit card, an auto loan, or a mortgage â lenders want to know what risk they'd take by loaning money. When lenders order a credit report, they can also buy a credit score thatâs based on the information in the report.A credit score helps lenders evaluate a credit report because it is a number that summarizes credit risk, based on a snapshot of a credit report at a particular point in time.It is important to understand that not every credit score offered for sale online is a FICO Â® Score.s the information in your credit report changes, so will any new credit score based on your credit report. So your FICO Â® Scores from a month ago are probably not the same score a lender would get from the credit bureau today.
Synonyms for Enterprise: action (noun) action, activity, behavior, deed, effort, motion, movement, operation,
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