Final answer:
The numerical score on a credit report helps lenders evaluate the creditworthiness of the borrower.
Step-by-step explanation:
The actual numerical score included on a credit report is there primarily to assist the lender in evaluating the creditworthiness of the borrower.
It helps the lender determine how likely the borrower is to repay the loan on time. The credit score is based on various factors, including the borrower's payment history, amounts owed, length of credit history, types of credit used, and new credit.
For example, if a borrower has a high credit score, it indicates that they have a history of making timely payments and managing their debts responsibly. On the other hand, a low credit score suggests that the borrower may have a history of missed payments or high levels of debt.