Lenders use your credit score to see if you’re suitable for a particular product such as a credit card, loan, mortgage or service.
The credit score is a summary of your credit report and information with ClearScore, and is worked out by Equifax (our partner credit reference agency).
Your score and report show lenders how likely you are to pay back what you borrow. They’ll run their own checks based on this and decide whether to accept you for credit or not.