 TITLE: Why Do Higher Credit Scores Mean Better Interest Rates? CONTENT: What Is Creditworthiness?\n-------------------------\nCreditworthiness is just what it sounds like—it's how a lender evaluates your credit and decides whether you're eligible for, or worthy of, a new account. When a lender reviews your credit report, they'll look at your repayment track record and other aspects of your borrowing history to get a sense of how likely you are to repay a loan.\nThese items, plus your credit score, help lenders decide whether they feel comfortable letting you borrow money, and if so, what rate they will offer. A poor credit score won't necessarily disqualify a borrower from taking on credit, but it's likely to cause a lender to charge a higher interest rate to offset some of its risk. END