Credit scores and credit reports are two closely related but distinct concepts in the world of credit and lending. Understanding the difference between the two is important to obtain credit. Financial institutions and lenders can leverage this Credit Score vs. Credit Report template for Microsoft PowerPoint and Google Slides to represent the comparison between them based on purpose, numerical range, etc. You can explain that a credit score is the numerical representation of a borrower's creditworthiness based on various factors such as credit history, outstanding debts, and payment history. In contrast, a credit report is a detailed summary of a borrower's credit history. In addition, you can explain the significance of understanding credit scores and credit reports in making informed decisions.
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