Question

What is the difference between a credit score and a credit rating?
A.A credit score and a credit rating are the same thing.
B.A credit score is a measure of how much debt you have, and a credit rating is a measure of
your creditworthiness.
С. A credit score is a number indicating your creditworthiness, and a credit rating is a
measurement of how your credit score compares to others.
D.A credit score is a measurement of your creditworthiness from one major credit bureau, and
a credit rating is a measurement of your creditworthiness from all three major credit bureaus
Please select the best answer from the choices provided

Answer 1

Answer:

Step-by-step explanation:

Your credit reports give a comprehensive list of your lines of credit and payment history, but they don't contain your credit score. Three major credit-reporting companies — Equifax, Experian and TransUnion — compile the reports. And also Key Takeaways. Credit ratings are expressed as letter grades and often used for businesses and governments. Credit scores are numbers most often used for individuals. An individual's credit score is based on information from the three major credit reporting agencies and scores range from 300 to 850. Credit scores are not on your credit report because they represent different information regarding your credit. Credit reports reflect your credit activity, while credit scores represent a calculation of that activity.

Answer 2

Answer:

The answer is C On edge 2020.

Step-by-step explanation:

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