According to MyFICO.com, a good FICO credit score is one that’s between 670 to 739. Scores higher than that—between 740 to 799—are considered “very good,” and 800 and above are “exceptional.” A“fair” credit score falls between 580 to 669 and a “poor” credit score is any...
2What credit scores are excellent, good, fair and poor? 3What’s an average credit score in the UK? 4How important is a credit score? 5What do the different credit score ranges mean? 6How to check your credit score ADVERTISEMENTS
If you have a FICO credit score, you may know that those scores are grouped into five categories: poor, fair, good, very good and exceptional. But there's another taxonomy, one used to describe where someone stands in comparison to borrowers who qualify for the best — or "prime" — in...
and employers. For example, the commonly usedFICO scoreranges from 300 to 850. Anyone with a score of 800 or higher is considered to have exceptional credit, 740 to 799 represents very good credit, 670 to 739 is good credit, 580 to 669 is fair, and a score of 579 or less is poor....
Poor: 500 to 600 Fair: 601 to 660 Good: 661 to 780 Excellent: 781 to 850 What factors influence your credit score Credit scores are calculated differently depending on the credit scoring model. Here are the key factors FICO and VantageScore consider. FICO Score Payment history (35%): Wheth...
The five levels of FICO credit scores are excellent, very good, good, fair, and poor. Your credit score range will determine whether you qualify for loans and at which rates. Is it Possible to Get a 850 Credit Score? You can get a 850 credit score, although this score is fairly rare...
Depending on the scoring system, credit score ranges can generally be classified as poor, fair, good, very good, and excellent (or exceptional). What is a good credit score? Breaking down the ranges Credit score ranges aren’t set in stone. Experian, for example, considers a VantageScore ...
Good (670 to 739) Most of us fall into this bucket with the national average currently coming in at 704. FYI, a minimum score of 680 is usually required to qualify for a mortgage. Fair (580 to 669) This credit score range pegs you as a risky borrower. Roughly 28 percent of people ...
Fair credit, also referred to as "average" credit, is a step up from bad credit but a notch below good credit. It typically means your credit scores fall in the range of 630-689 on ascale that runs from 300 to 850. Credit scores indicate your level of risk to potential lenders and ...
Poor, FairCreditWeb considers the following based on credit types: A credit score between 601 and 699 is considered fair credit. A credit score below 600 is considered poor credit.2 Reviews:Be the first to write one Rewards:Cash Back