New Delhi, April 11 -- Many people link an individual's overall credit behaviour to their credit score. However, the credit score only summarises it with a three-digit number. There is much more beyond the credit score that can be found in an individual's credit report. It provides comprehensive details of an individual's credit behaviour. These details help financial institutions underwrite credit applications and make informed decisions. Thus, an individual's overall credit behaviour can be evaluated from their credit score and credit report.

In this article, we will understand the difference between a credit score and a credit report.

A credit score is a three-digit number provided to an individual with a credit history. The credit s...