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What's the difference between a credit report and credit score?



What's the difference between a credit report and credit score?

Your credit report lists all of your obligations and there payment histories. Your credit score is a numerical snapshot of your credit report and it is broken down in the following way:

35% Payment History
30% Amounts Owed
15% Length of Credit History
10% New Credit
10% Types of Credit

So it is important to maintain good credit histories so your credit score will be good.
You're credit report shows all activity that has to do with having credit (credit cards, car loans ect..) the credit score is the number that tells creditors how worthy you are to have credit.
your credit report is a report that shows your credit score and how you got to that certain score ... it shows everything that determines your credit score
Credit report details all the stuff regarding your credit. Credit score is the risk grade associated with what is on your credit report. There are 3 credit bureaus, Experian, Equifax and Transunion.
I am a mortgage consultant and deal with this all day!
A credit report shows you all of the things that are affecting your credit like what cards you use or any time you've been sent to collections and a credit score is a number that tells you about how good your credit is.
The report tells you whats going on, payments made on time, payments made late, all the creditors that report to that agency,

The score is the actual number that comes out of the formula from the report. Your allowed one free credit report a year from the three agencies, however, you have to buy your scores.
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