Credit scores are used by lenders to determine credit worthiness based off various credit score ranges. Learn what the different ranges are and what they mean.
You may have heard about the exceptional credit score range of 780–850. But what does an excellent credit score mean, really? After all, your ultimate goal may be excellence, but it can be hard to understand what that truly entails. Let’s take a look at this exceptional credit score ...
What does "mean" refer to? A. The highest score. B. The lowest score. C. The average score. D. The middle score. 相关知识点: 试题来源: 解析 C。“mean”在统计语境下指的是平均数,也就是平均得分。选项 A 是最高分;选项 B 是最低分;选项 D 是中位数。
Residential location: Where you live does not affect your credit. Interest rates on current loans: This information is not reflected in your score. Credit counseling: Any information about your participation (or non-participation) in a credit counseling program will not affect your credit score. Ch...
800 and above: exceptional. VantageScore credit score ranges VantageScore has slightly different credit score tiers than FICO: 300 to 600: subprime. 601 to 660: near prime. 661 to 780: prime. 781 to 850: superprime. VantageScore credit ranges ...
What does a bad credit score mean for you? If a lender does agree to extend you credit, you’ll pay more in interest than someone who has a higher credit score. You won’t qualify forthe best credit cards, for example, orpersonal loansat single-digit interest rates. ...
Below, you’ll see what these ranges are and what they mean for your chances of securing a loan or credit card. Keep in mind that the ranges below can differ slightly depending on the credit scoring model used. Excellent A VantageScore of 781 – 850 falls into the excellent range. And ...
Accounts owed refers to the amount of money an individual owes. Having a lot of debt does not necessarily equate tolow credit scores. Rather, FICO considers the ratio of money owed to the amount of credit available. To illustrate, an individual who owes $10,000 but has all of their lines...
Your credit score is a number that represents the risk a lender takes when you borrow money. AFICO scoreis a well-known measure created by the Fair Isaac Corporation and used by credit agencies to indicate a borrower’s risk.1 Another credit score is theVantageScore, although the FICO score...
"What Do Test Scores Really Mean? A Latent Class Analysis of Danish Test Score Performance." Scandinavian Journal of Educational Research 58 (4): 435-452.McIntosh, James and Martin D. Munk. 2013. "What Do Test Scores Really Mean? "A Latent...