CRC Score is a number that shows the quality of your credit status via a three digit number. It indicates that your status is either; excellent, good, average or poor. This can either encourage or discourage credit providers at the point of making credit decisions on your application.
The CRC Score was developed in collaboration with Fair Isaac Corporation (FICO), an American company with over 50 years of experience in data and analytics. Over 100 billion FICO Scores have been sold to date in more than 90 countries, making it the most widely used credit score in the world.
The score ranges from 300 to 850, with 300 being the lowest score and 850 the highest. The lower the credit score the higher the level of riskiness or probability that the customer may default in payment.