Course: What is credit?
8 minute read
Equifax
This company also issues several different scores based on varying factors. Scoring systems include:
Payment Index Score
(0–100)
A good score is 90 or more points.
Credit Risk Score
(101–992)
Businesses with a higher score are considered less likely to be delinquent on payments.
Business Failure Score
(1,001–1,875)
Lower scores equal higher risk for bankruptcy.