What are the 5 ranges of a credit score?
Each lender sets its own standards, but here’s a rough breakdown of how lenders view various groupings of FICO® Scores:
- Exceptional: 800 to 850. FICO® Scores ranging from 800 to 850 are considered exceptional.
- Very good: 740 to 799.
- Good: 670 to 739.
- Fair: 580 to 669.
- Poor: 300 to 579.
What are the 7 credit score ranges?
Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.
What are the ranges in credit scores?
A credit score is a three-digit number, typically between 300 and 850, designed to represent your credit risk, or the likelihood you will pay your bills on time….Here is a general look at credit score ranges:
- 300-579: Poor.
- 580-669: Fair.
- 670-739: Good.
- 740-799: Very good.
- 800-850: Excellent.
What is a good range credit score?
For a score with a range between 300 and 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. Most consumers have credit scores that fall between 600 and 750.
What are the different credit score ranges?
There are different types of credit scores, and each of them has their own range. Most people are familiar with the FICO score version of the credit score. Scores on the FICO scale range from 300 to 850. According to FICO, it also has industry-specific FICO scores with a range from 250 to 900.
What is a good credit score range?
According to Experian, one of the three major credit bureaus, here are the credit score ranges: Excellent: 750 to 850 Good: 700 to 749 Fair: 650 to 699 Poor: 550 to 649 Very poor: 300 to 549
Is 680 a good credit score?
Credit scores range from 300 to 850. Generally, a 680 credit score or above is considered a good credit score, while any score above 740 is considered excellent.
What are the levels of credit score?
The most common credit score range is 300 to 850. All of the most popular credit-scoring models, including VantageScore 3.0 and FICO Score 8, now use that 300-to-850 credit score scale.