What Score is a Good Score?
Generally, scores somewhere in the range of 690 and 719 are viewed as great FICO ratings. A score higher than 720 is great, and ones somewhere in the range of 630 and 689 are viewed as fair. Assuming your score is under 630, that is in the terrible credit range. FICO and VantageScore are both well realized credit scoring frameworks, and both utilize a 300-850 territory.
What's a decent credit rating?
FICO utilizes information from the three significant credit revealing authorities: TransUnion, Equifax, and Experian and are by and large utilized by banks to actually look at your credit.
A decent credit rating falls in the 670 - 739 territory. A Fair score falls between 580 - 669, and a Phenomenal score is somewhere in the range of 740 and 799. A score over 800 is thought of as Outstanding.
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