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What is a Credit Score?

Your credit score is a number, typically between 300 and 850, representing your credit and financial standing and ability to get financial assistance, such as loans, from lenders. Note that credit scores are based on numerous personal financial data. Essentially, your credit score determines your ability to repay the borrowed amount in due time. Your credit score may change regularly as you pay down your credit cards, or repay loans.

Examples of Credit Score

  • Example 1: Credit score from TransUnion
  • Example 2: Credit report from Equifax

Here’s Investopedia’s definition of a Credit Score .

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Justin K.

31 projects on CC
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6 projects on CC
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123 projects on CC
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8 projects on CC
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Meet some of our Real Estate Lawyers

Laurie R. on ContractsCounsel
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5.0 (2)
Member Since:
June 19, 2023

Laurie R.

Real Estate and Business Attorney
Free Consultation
Dallas, Texas
22 Yrs Experience
Licensed in CO
University of Colorado

Business-minded, analytical and detail-oriented attorney with broad experience in real estate and corporate law, with an emphasis on retail leasing, sales and acquisitions and real estate finance. Extensive experience in drafting complex commercial contracts, including purchase and sale contracts for businesses in a wide variety of industries. Also experienced in corporate formation and governance, mergers and acquisitions, employment and franchise law. Admitted to practice in Colorado since 2001, Bar No. 33427.

Christina M. on ContractsCounsel
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5.0 (7)
Member Since:
June 22, 2023

Christina M.

Legal Consultant
Free Consultation
Las Vegas, NV
16 Yrs Experience
Licensed in NV
UNLV Boyd School of Law

I am a regulatory transactional attorney with 16 years of in-house experience, largely in the gaming/gambling industry. I have negotiated various types and sizes of contracts from janitorial services for a small commercial building to multi-million dollar technology transactions. I also have a strong regulatory background that strengthens my ability to navigate contracts that are subject to stringent regulations.

David M. on ContractsCounsel
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Member Since:
June 20, 2023

David M.

Shareholder
Free Consultation
Ann Arbor, Michigan
21 Yrs Experience
Licensed in MI
Wayne State University

Michigan and USPTO licensed attorney with over 20 years of experience on counseling clients in the fields of intellectual property, transactional law, technology involvement, negotiations, and business litigation.

Derek C. on ContractsCounsel
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Member Since:
June 19, 2023

Derek C.

Real Estate Attorney
Free Consultation
Tampa
9 Yrs Experience
Licensed in FL
Barry University

Attorney with over 10+ years' experience and have closed over $1 Billion in real estate, telecommunications, & business transactions

John B. on ContractsCounsel
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Member Since:
June 21, 2023

John B.

Principal Attorney
Free Consultation
Indianapolis, IN
13 Yrs Experience
Licensed in IL, IN
University of Illinois Chicago School of Law

I am an attorney with over 13 years experience licensed in both Illinois and Indiana. I spent the early part of my career as a civil litigation attorney. Eventually, I moved into an in-house role, specifically as general counsel, to help companies avoid the pains of litigation. In doing so, I gained significant experience in executive leadership, corporate governance, risk management and cybersecurity/privacy. I bring this wealth of experience to my client engagements to not only resolve the immediate issue, but help implement lasting improvements in practices to avoid similar problems going forward.

Daniel W. on ContractsCounsel
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Member Since:
June 22, 2023

Daniel W.

Attorney
Free Consultation
New York
22 Yrs Experience
Licensed in NJ, NY
HOFSTRA LAW SCHOOL

I am a Spanish-fluent corporate and commercial real estate attorney and broker licensed in New York and New Jersey. My pragmatic approach towards conflict resolution allows me to provide valuable advice to clients on avoiding issues of liability through effective risk management and strategic allocation of resources. I counsel businesses, developers, owners and investors on residential/commercial real estate and corporate transactions involving the acquisition, finance, development, leasing and disposition of all asset classes. In addition, I advise on joint venture partnerships and the negotiation, structure and drafting of operating agreements. Throughout my successful practice, I have held in-house counsel positions at large corporations, including JPMorgan Chase and Duane Reade, and had the privilege of working for the Department of Justice where I honed expertise in all aspects of mortgage-backed securities.

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