What does a high credit score imply about a person?

A high credit score indicates that an individual is likely to repay their debts, which reflects a history of responsible financial behavior. Credit scores are calculated based on various factors, including payment history, the amount of debt owed, the length of credit history, new credit accounts, and types of credit used. A high score typically results from consistently making payments on time, maintaining a manageable level of debt, and having a diverse mix of credit. Therefore, a high credit score is a signal to lenders that the person is financially reliable and presents a lower risk when borrowing money. This is why the assessment of being "likely to repay their debts" is the most accurate interpretation of a high credit score.