Credit Score vs. Credit Report: What’s the Difference?

A credit score and a credit report are connected, but they are not the same thing. Understanding the difference makes it easier to manage your borrowing profile.

What is a credit report?

A credit report is a detailed record of your credit accounts and repayment behaviour. It may include loans, credit cards, payment history, outstanding balances, credit enquiries, and personal identification details.

What is a credit score?

A credit score is a number calculated from information in your credit report. Lenders may use it as one factor when assessing your creditworthiness.

Why both matter

The score gives you a quick snapshot, while the report helps explain what is affecting that snapshot. If your score changes unexpectedly, the report is the place to investigate.

What to check

• Accounts that do not belong to you

• Incorrect payment status or overdue amounts

• Duplicate accounts or enquiries

• Outdated personal information

Use the score as a starting point, but read the full report before making important credit decisions.