Credit Score Range

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what are the credit score ranges ?

Credit scores range from 300-850, so there is a lot of room for improvement if you have a low credit score. There are many things that you can do to improve your credit score, and it is important to do so if you want to be able to buy a house or car in the future. There are also many benefits to having a good credit score, including getting approved for loans and getting lower interest rates.

Credit scores are often used as a way to measure your financial responsibility. The most common range of credit scores is 300-850, with 749 being the best and 509 bad! It may seem like all you need do in order have good grades on this test if it’s just about money but there's so much more than that goes into deciding how much risk someone can actually take when dealing solely within their own finances.

Credit scores are something that can make or break your financial future. So it's important to know how they work, and what impacts them! 300-850 is the range of our analysis on this topic-- Credit Repair Ease looked at every single credit score in those numbers for tips about improving yours insights into where you stand right now below:

Perfect Credit (800-850)

You may not know it, but there’s a select group of people with perfect 800-plus credit scores. Less than 6 out every 100 have such high ratings and they're usually careful about where you use your loans or cards because any negative information could hurt their ability to borrow more in the future! For example just 0.1% accounts for tax liens & civil judgments on these individuals' reports from VantageScores.

800 805 810 815 820 825 830 835 840 845 850

Excellent Credit (750-799)

Credit scores can be a confusing topic, but the good news is that you don't have to worry about them too much. A credit score from 750-799 qualifies as "excellent" and will usually get your foot in most doors - with some limitations on what kinds of loans or accounts they accept depending upon how far away it is from perfection (perfect Scores range anywhere between 800+). However if we're talking plain old 'good' instead than perfect then an amount closer would make sense: around 700.

750 755 760 765 770 775 780 785 790 795 799

Good Credit (700-749)

Good credit score is defined as a score between 660 and 719, with excellent ranging from 720 to 750. However we've seen approval rates for loans or cards that range higher than what's generally thought of as good - so in opinion we would say it’s better if you have an amazing rating (700+).

Credit cards are usually only offered to people with good credit. However, there's one exception: If you have a credit score over 700 and can prove it by providing documents such as your bank statement or pay stubs from last month - then chances will be higher for approval!

700 705 710 715 720 725 730 735 740 745 749

Fair Credit (640-699)

Thankfully, a credit score of 640-699 isn't bad. It's actually in the tier that is considered "fair." If you have this type of profile then more options will be available to you and it'll save ALOT on interest rates when getting loans or cards!

A little improvement can go along ways so don’t give up hope - get yourself some better numbers today by increasing your FICO Score now !!!

640 645 650 655 660 665 670 675 680 685 690 695 699

Poor Credit (571-639)

However, a credit score as low at 571-639 is actually considered "Poor" by the standard 300 to 850 credit score scale. This will make it difficult for you get approved in any loan or line of credit and even prevent renting an apartment or landing certain jobs because your cost Over Time due these poor credit scores are thousands dollars more expensive than someone with good ratings!

575 580 585 590 595 600 605 610 615 620 625 630 635
639

Very Poor Credit (500-570)

Credit scores are usually measured on a scale from 300 to 850. A credit score of 500-570 is considered "very poor" and will prevent you from being approved for most loans or cards, but it's not enough grounds alone that should keep people away! For example 1 in 10 new accounts opened at banks are by someone with below 580 Equifax data shows us howeven though their grades might not meet some criteria standards they can still get approval if needed - just remember this before applying.

500 505 510 515 520 525 530 535 540 545 550 555 560
565 570

Bad Credit (400-499)

The credit score of 400-499 is a bad thing, as it’s closer to the lowest possible (300) than high scores like 850. This means you have had payment problems in your past history and that will affect any future loans or unsecured financial sources for funds such as credit cards which require good standing with banks before they can be approved based on this information alone; but don't worry! There are ways around having an insufficiently solid reputation when applying at reputable companies--you just need some creative thinking skills now.

400 405 410 415 420 425 430 435 440 445 450 455 460
465 470 475 480 485 490 495 499

Very Bad Credit (300-399)

You’re not alone and there is always hope. A credit score as low as 300-399 can be improved with time or money spent on improving it, but don't lose hope because 5% of people in the U.S., according to data from Credit Repair Ease have credit scores below 500! You should take steps both big (pay off debts) AND small(keep up monthly payments), which will help expedite your journey towards having good credit score again.

300 305 310 315 320 325 330 335 340 345 350 355 360
365 370 375 380 385 390 395 399