Score distribution

Cred's score reflects an account's ability to fulfill obligations relative to the whole population of accounts.

Cred's score is informed by, and incorporates "probability of default" but it is not a direct probability. Rather it reflects the distribution of "probaliity of default" across the population of accounts. An Excellent Cred Score means a lower probability of loan default relative to others, whereas a Low Cred Score implies a higher probability of loan default relative to others.

Rating
Percentage of population
Approximate score ranges

Excellent

27%

-1000

Very good

20%

Good

34%

Fair

12%

Low

7%

300-

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