What is the pan? What is credit score? What is the credit report?

Question

Accepted Answer

PAN is a unique identification number for taxpayers. Credit score is a numerical representation of an individual's creditworthiness. Credit report is a detailed record of an individual's credit history.

PAN stands for Permanent Account Number and is issued by the Income Tax Department of India.
Credit score is a three-digit number that indicates an individual's creditworthiness and is based on their credit history.
Credit report is a document that contains detailed information about an individual's credit history, including their credit accounts, payment history, and any defaults or late payments.
Credit reports are used by lenders to assess the risk of lending money to an individual.

Accepted Answer

Permanent Account Number. Credit score is a number from 300 to 900 that depicts a consumer's creditworthiness. Factors considered in credit scoring include repayment history, types of loans, length of credit history, and an individual's total debt. A statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts.

What is the pan? What is credit score? What is the credit report?

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