Credit Score Overview A credit score is a typically ranging from 300 to 850 that summarizes your creditworthiness. Higher scores indicate to lenders that you are a lower-risk borrower. Common Credit Scoring Models
: Created collaboratively by the three major bureaus (Experian, TransUnion, and Equifax ) in 2006. Score Ranges (General) Exceptional/Excellent : 800–850 Very Good : 740–799 Good : 670–739 Fair/Average : 580–669 Poor : 300–579 Factors Influencing Your Score creditscoreinformation
Most lenders use one of two primary scoring systems to evaluate your financial health: : The industry standard since 1989. Credit Score Overview A credit score is a