What is a FICO® Score? ; A FICO Score is a three-digit number based on the information in your credit reports. It helps lenders determine how likely you are to repay a loan. This, in turn, affects how much you can borrow, how many months you have to repay, and how much it will cost (the interest rate). When you apply for credit, lenders need a fast and consistent way to decide whether or not to loan you money. In most cases, they'll look at your FICO Scores. You can think of a FICO Score as a ...
Credit building ; Factor breakdowns ; Smart offers ; Poor credit scores: 300 to low-600s ; Fair to good credit scores: Low-600s to mid-700s ; Very good and excellent credit scores: Above mid-700s ; What is the highest credit score you can get? ; What’s a good credit score to buy a house? ; What’s a good credit score to rent an apartment? ; What credit score do you need to get a credit card?
Do you know what a credit score is? myFICO has the answers for why credit scores are important & what credit scores you should be looking at.
What Is a Credit Score? A credit score is a three-digit number that rates your creditworthiness. FICO scores range from 300 to 850. The higher the score, the more likely you will get...
Credit Score, Rating ; 300-579, Poor ; 580-669, Fair ; 670-739, Good
Learn more about credit scores. Whether you're getting started or getting back on track, Equifax can help you better understand your credit score.
Learn what a credit score is, the categories that determine your credit score, and how your credit score rating affects your interest rate and other credit terms.
An excellent credit score gets you low interest rates and other benefits. Learn what an excellent credit score is and how to get excellent credit.
What Is Credit Scoring? Credit scoring is a statistical analysis performed by lenders and... Key Takeaways Credit scores determine a person’s ability to borrow money for mortgages, auto...
Now that you know more about how credit scores work, your short-term goal is to move up into fair credit, which for FICO is 580. Your long-term goal? To get the lowest interest rates, you...