What does 'credit score' indicate?
Correct Answer: A credit score indicates the likelihood of repaying loans.
- Step 1: Understand that a credit score is a number.
- Step 2: Know that this number is based on your borrowing history.
- Step 3: Realize that the score shows how likely you are to pay back money you borrow.
- Step 4: Remember that a higher score means you are seen as a lower risk to lenders.
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