Your credit score is a numeric representation of your credit profile. The higher the credit score, the better credit risk you are.
 

Your lender looks at your credit report for delinquent bills, outstanding debts, the number of accounts and amount of balances you owe creditors, and your credit history, among other things.
 

You may never see your credit score, but it is a number between 400 and 900. If your score is over 680, you are considered a premium borrower, which makes you eligible for lower rates and better terms. If your score is below 620, your loan request could be rejected.