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Credit Score Scale

Updated: 9/28/2023
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6y ago

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Credit scale is a simple rating system giving numbers to credit depending on a number of factors. A lot of scales you will find on the internet start near 300 (poor) and go up to 850 (perfect)

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Q: Credit Score Scale
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Related questions

What is a credit score scale?

The credit score scale ranges from 0 to 800. Everything above 720 is considered a good credit score. Below 500 is considered unacceptable.


What is the credit score rating scale?

The FICO score ranges from 300 to 850.


What is a good business credit score?

A good busisness credit score is generally 80+ on a 0-100 scale.


IS 691 credit score good?

691 is in the higher side of the credit score scale. Any score under 650 is considered low.


Where can one find their credit score scale?

"You can visit a bank or other financial institution to find your credit score scale. You can also visit many websites, including myFICO or Debt Management."


What type of credit score is good?

A good credit score depends on some scoring system. Different scoring system has different scale. Most scoring scales fall between 600 to 750. A score above 700 usually suggests good credit management


Is 620 a bad score?

Credit scores are on a scale from around 300 - 850, with 850 being the highest credit score possible. To give you a feel for the extremes, while the national average credit score is 680, only 13% of the nation's population has scores above 800. At the other extreme, roughly 15% of the population has a credit score lower than 550. In general, a good credit score is anything above 700 (From money-zine.com)


Is the credit score of 583 a good score?

583-619 is bad credit score in credit score range


What is the actual credit score scale?

According to the latest VantageScore model, VantageScore 3.0, credit ranges are broken into the following categories: Poor300-599 Fair 600-659 Good 660-719 Very Good720-779 Excellent 780-850 To check your credit score for free or find out ways to improve your credit score, visit LendingTree!


How did you get a credit report score of 920?

920 is not a FICO score, which currently caps at 850. However, there are many "scoring models" which offer credit risk scores. FICO is the primary scoring provider and is what most people unwittingly mean when they talk about credit scores. It is possible to get other scoring numbers from other providers, but these numbers will be difficult if not impossible to match to a traditional FICO score to gain perspective without fulling understanding the scale of that other provider. 920 might be high on their scale, or they might have a scale ranging from 900-2000.


What is a good range for a credit score?

Good credit score ranges between 680- 750 and above this range credit score is considered excellent. Check your credit score regularly to get an idea about your credit score regularly.


Is FICO score and credit score the same thing?

IS FICO AND CREDIT SCORE THE SAME THING? IS FICO AND CREDIT SCORE THE SAME THING?