What is a A measure of an individual's creditworthiness how well the person has paid off credit card debt called?

A measure of an individual's creditworthiness, reflecting how well they have managed and paid off credit card debt, is called a credit score. This score, typically ranging from 300 to 850, is influenced by factors such as payment history, credit utilization, length of credit history, types of credit in use, and recent credit inquiries. A higher credit score indicates better creditworthiness and increases the likelihood of securing loans or favorable interest rates.