A credit score derived from the application of a credit scoring model created by the Fair, Isaac Company to a consumer's credit file held by a credit reporting company. FICO® scores range from 300 to 850, but almost all consumers have a score between the 600s and 700s.
A beacon score of 680 is considered to be falls into the 'Good' category by 5 points.
The Beacon version 5.0 is the formula which was created by FICO (Fair Isaac Company) and is used by Equifax to calculate a credit score. Considering that the average FICO score in the US is 680, your score would fall just below average.
no
NO
Sure its good, its definitely not bad.
Yes. It' very good.
The Beacon version 5.0 is the formula which was created by FICO (Fair Isaac Company) and is used by Equifax to calculate a credit score. Considering that the average FICO score in the US is 680, your score would fall just below average.
no
NO
Sure its good, its definitely not bad.
Yes. It' very good.
A Beacon score of 5 is impossible, the score ranges between 300 and 850. I'll assume you meant 500, this is considered to be 'very bad'.
850 is the highest beacon score possible.
yes.
Yes 683 falls into the good range on the FICO score scale. To be in the good range, your score must be between 680 and 740.
A beacon score is just the name given to the equifax branded FICO score. So your FICO score and beacon score will be the same if your FICO score is pulled using your equifax credit report.
Yes your almost there, the coveted 700 Club
Most of the lendersconsider small business owners with a FICO® score* of at least 680 to have good credit score.