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-