What is the difference between a credit score and a credit report?

A credit score and a credit report are both important tools used to evaluate an individual's creditworthiness, but they differ in key ways. A credit score is a numerical measure that summarizes an individual's credit risk based on the information in their credit report. It is used by lenders to determine the likelihood of a borrower repaying their debts. On the other hand, a credit report is a detailed document that provides a comprehensive overview of an individual's credit history, including their payment history, credit accounts, outstanding balances, and public records. It is used by lenders to assess an individual's creditworthiness and make informed lending decisions. In essence, the credit score is a calculated representation of the information in the credit report, providing a quick snapshot of creditworthiness, while the credit report offers a more in-depth and comprehensive view of an individual's credit history.