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The FICO credit score range is 300 to 850 in most cases. Many versions of the FICO score exist, though, and some use different ranges. For example, some of the FICO scores used by the auto and credit card industries are between 250 and 900.
Most credit scores are on a 300-850 scale, and higher the better. Both FICO 8 and VantageScore 3.0 use the 300-850 credit score range.
For a score with a range between 300-850, a credit score of 700 or above is generally considered good. A score of 800 or above on the same range is considered to be excellent.
How are credit scores figured: What is a Beacon Score 1.Timeliness of credit cards, Car loans, home loans or bill payments (35 percent): Includes late payments, bankruptcies and delinquencies.A 30 days late payment, collection, or a judgment can decrease your scores 15-40 points for each entry even if it has been paid and shows paid in full.
Understanding the FICO ® Score Ranges. Your FICO Score powered by Experian data can range from 300 to 850 and can influence what credit is available to you, how much interest you'll pay and even things such as your utilities and mobile phone options.
The Credit Score Ranges. Now that we’ve covered why credit scores are important and what goes into making a credit score, let’s take a look at the credit score ranges.
Industry illustrates FICO credit score breakdown and useable ranges of the distribution.
A credit score is a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of an individual. A credit score is primarily based on a credit report information typically sourced from credit bureaus.. Lenders, such as banks and credit card companies, use credit scores to evaluate the potential risk posed by lending money to consumers and to ...
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Most credit scores – including the FICO score and VantageScore 3.0 – operate within the range of 300 to 850, and a good credit score is typically one that is 700 or above. Within that range, there are different categories, from bad to excellent. But even these numbers and ranges aren’t set ...