What is a credit score?

Short bite sized learnings around finance and fintech with AI assisted content overseen by Sub11 

scoring in a game

Short bite sized learnings around finance and fintech with AI assisted content overseen by Sub11

A credit score in Australia is a number that represents your creditworthiness, based on your credit history and financial behaviour.

It is used by lenders to assess the risk of lending you money.

A higher score indicates lower risk and may result in better loan terms and interest rates, while a lower score may make it more difficult to obtain credit.