MLchartDataset catalogue

Credit score

Term · Law · MLC-T-LAW-001397

A numerical representation of a person's creditworthiness, derived from a statistical analysis of their credit history. Lenders use this three-digit number to assess the risk of lending money to a consumer and to determine loan terms and interest rates. The most widely used credit scores in the United States are FICO scores, which range from 300 to 850.

Table 1. Record
IdentifierMLC-T-LAW-001397
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001397",
  "term": "Credit score",
  "field": "Law",
  "definition": "A numerical representation of a person's creditworthiness, derived from a statistical analysis of their credit history. Lenders use this three-digit number to assess the risk of lending money to a consumer and to determine loan terms and interest rates. The most widely used credit scores in the United States are FICO scores, which range from 300 to 850.",
  "url": "https://mlchart.com/terminology/law/credit-score/"
}

Record 1,253 of 5,441 in Law terminology (MLC-0107). Request the full dataset.