Credit Scores Range From 300 to 850: Learn The Scale
The most popular credit-scoring models, including VantageScore 3.0 and FICO Score 8, all produce ratings that range from a low of 300 to a high of 850. That hasn’t always been the case, however, and many of the myriad scores we each have still use different ranges.
But given the uniformity that now exists among the most widely used models, there’s little reason not to know the tier your score fits into or how you compare to people across the country as a result. The following table should help in that regard. Keep in mind, however, that each lender you may work with could apply its own particular thresholds to its credit-scoring model of choice. So while WalletHub and many lenders might consider someone with a credit score above 720 to have “excellent” credit, a given lender might classify that person as merely having “good” credit.
To find out your credit score, simply sign up for a free WalletHub account.
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It’s unlikely that you’ll be able to get a mortgage or an auto loan with bad credit.
Note: The most popular credit-score models, including VantageScore 3.0 and the newest FICO scores, use the same range and categorization thresholds, but lenders often employ their own breakpoints when using these models.
Other Credit Score Ranges
Below you will find a list of the credit-score models that are exceptions to the 300-to-850 rule. As you’ll see, most are either industry-specific scores or older versions of models widely used today. You should therefore operate under the assumption that your score is based on the standard range unless you know, or are informed, that it’s based on one of the following versions:
For more information about the credit-score numbers game, you can check your score for free on WalletHub, the only website that provides daily score updates. And if you’re still hungry for information, why not learn how credit scores are calculated?
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