Credit scores range from 300 to 850. A credit score is used by financial institutions when people do things like apply for loans or open new credit cards. Credit Score Chart & Range. 760-850 Excellent. 700-759 Very Good. 660-699 Good. 620-659 Fair. 580-619 Poor. 500-579 Very Poor. Having a good credit score will also save you a lot of money. The lower your credit score is, the higher your interest rate will be no matter what you’re borrowing money for. The standard FICO credit-scoring scale goes from 300 to 850, with higher numbers reflecting better credit. Excellent Credit Score: 800-850 If you have a credit score of 800 to 850, then you’re in the 20% elite of potential borrowers. This is the highest you can go in the range.

VantageScore’s “fair” or “average” range of 650 to 699 is one of the most populous with 18.3% of people falling into that credit score range. It also earns its name, as it houses the average VantageScore of 673. Credit score ranges Bad credit, in the 300-629 range, can make it difficult to qualify for credit, Fair credit, in the 630-689 range, gives you more options, but you'll likely pay higher interest Good credit, in the 690-719 range, can give you lower interest rates and more choices. A credit score can range from 300 to 850 depending on the scoring model, such as a mortgage score. Bankcard and auto scores can range from 250 to 900. Credit Score Ranges: What Do They Mean? Credit Score Basics. Your credit score is a number that represents the risk a lender takes Exceptional Credit Score: 800 to 850. Consumers with a credit score in the range Very Good Credit Score: 740 to 799. A credit score between 740 and 799

14 Jan 2015 The FICO credit score is the most widely used score in lending decisions and ranges from 300 to 850. A FICO score of 750 to 850 is considered 

11 Jul 2018 The definition of a good credit score fluctuates as much as the numbers do. By Michele Lerner, Contributor July 11, 2018. Just three small numbers ranging from 300-850, lenders use credit scores to gauge a While your FICO credit score can range from 300-850, there are various  31 Jul 2019 Knowing your credit score range is important so that you understand what loans and credit cards you qualify for and so much more! FICO Scores generally range from 300 to 850. They're calculated with algorithms created by the Fair Isaac Corp., which is why they're called FICO® Credit Scores. 16 Jan 2020 Even though the range of credit scores goes all the way up to 850, there is For readers who like a number to hang their hat on, here are some  A credit score is a number that is calculated based on the information in your credit report, which helps A Equifax Score falls in a range between 0 and 1200. Credit scores are three digit numbers assigned to each and every one of us over 18, and are used by lenders to gauge our individual credit worthiness.

31 Dec 2018 The highest credit score is 850 - but there's more to the credit scoring story than that. while the number of Americans with credit scores over 800 number stands range, which is deemed as "fair" according to credit scoring 

20 Jul 2018 The average credit score in the United States is 695, according to FICO.com; that puts it squarely in the “Fair” credit range. This number has 

16 Jan 2020 Even though the range of credit scores goes all the way up to 850, there is For readers who like a number to hang their hat on, here are some 

24 Jan 2013 The three major credit bureaus, TransUnion, Experian and Equifax each have their own scores. TransUnion's TransRisk score ranges from 300 to  11 Feb 2019 Also called a credit rating or FICO score (named after the company that three- digit number is a numerical representation of your credit report, A credit score can range from 300 to 850, with 850 being a perfect credit score.

Below you’ll see a general breakdown of credit score ranges and what each range means in terms of your general ability to qualify for lending or credit requests, such as a loan or mortgage. Note that the ranges can vary slightly depending on the provider, but these are the credit score ranges you’ll see on Credit Karma.

Just three small numbers ranging from 300-850, lenders use credit scores to gauge a While your FICO credit score can range from 300-850, there are various  31 Jul 2019 Knowing your credit score range is important so that you understand what loans and credit cards you qualify for and so much more! FICO Scores generally range from 300 to 850. They're calculated with algorithms created by the Fair Isaac Corp., which is why they're called FICO® Credit Scores. 16 Jan 2020 Even though the range of credit scores goes all the way up to 850, there is For readers who like a number to hang their hat on, here are some  A credit score is a number that is calculated based on the information in your credit report, which helps A Equifax Score falls in a range between 0 and 1200. Credit scores are three digit numbers assigned to each and every one of us over 18, and are used by lenders to gauge our individual credit worthiness. That range will vary, depending on which version of our credit scoring model was used The conversion chart below provides the relationship between the two 

11 Jul 2018 The definition of a good credit score fluctuates as much as the numbers do. By Michele Lerner, Contributor July 11, 2018. Just three small numbers ranging from 300-850, lenders use credit scores to gauge a While your FICO credit score can range from 300-850, there are various