Score distribution
Cred's score reflects an account's ability to fulfill obligations relative to the whole population of accounts.
Last updated
Cred's score reflects an account's ability to fulfill obligations relative to the whole population of accounts.
Last updated
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-