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Credit report vs. credit score: do you know the difference?

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تم إضافة السؤال من قبل Ehab Botros , Credit Control Manager , MCV - Mercedes Benz - Commercial Vehicles General Agent
تاريخ النشر: 2013/10/11
Amjad Ali
من قبل Amjad Ali , Regional Manager , NATIONAL BANK OF PAKISTAN

Credit report means market checking of the client and repayment history of the client. 

 

Credit score means how much score the client obtains when data of the client is entered in credit rating system of the company/organization. And then the client is rated according to internal rating system of the organization. If rating is acceptable then credit is granted otherwise declined.

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