Credit scoring is a system that uses the information in your credit report to help lenders predict how risky it is to lend money to you. A credit score is a three-digit number (generally ranging from 300 to 850). The higher your score, the better credit risk lenders think you are. The three major credit bureaus grade consumers on how well they handle credit. To arrive at your score, the information you provide about yourself and your credit history is measured against data about other consumers to judge how your credit report "scores" in comparison.