How to Read your Credit score
When you order your credit score, all you have got before of you could be a range. you wish to grasp the way to browse your credit score to know what you’re viewing. several corporations that sell your credit score also will embrace a gauge that helps you browse your credit score. That gauge can assist you discern whether or not you have got sensible or unhealthy credit.Most credit scores that range from 300 to 850 have the following scale:
- Above 750: excellent credit
- 700–750: very good credit
- 650-700: good credit
- 600-650: bad
- Below 600: very bad
Most credit scores that vary from three hundred to 850 have the subsequent scale:
The Vantage Score ranges from 501 to 990 and assigns a letter grade to credit scores. The letter grades area unit rather like those from elementary school wherever AN "A" is that the best grade And an "F" is that the worst grade.
- 901—990: A
- 801—900: B
- 701—800: C
- 601—700: D
- 501—600: F
No comments:
Post a Comment