3 4 however in both cases the higher the credit score.
Credit score rating range.
A higher score means you have a good credit rating with a lower score meaning you have a bad credit rating.
It is also the range where most people actually fall with 21 5 of people having good credit.
Additionally a good credit score is anything above 720.
Common credit score facts for a score with a range between 300 850 a credit score of 700 or above is generally considered good.
Your credit score will typically be on a scale of 0 1 200 or 0 1 000 depending on the bureau you use.
The simple answer is that your credit score ranges from 300 to 850 with 850 being the highest and best score.
Most credit scores fall between 600 and 750.
Why does your credit score matter.
If you find out your credit rating through a credit agency you will receive a number between 0 1 200 that summarises the information on your credit report at that point in time.
Though typically considered to be above average the good category under the fico model actually contains the average fico score of 695 a little below the middle of the 670 to 739 range.
The higher your credit score the better your position currently is.
Your credit score from getcreditscore is generated by australia s leading credit bureau equifax and is a number between 0 and 1200.
A score of 800 or above on the same range is considered to be excellent.
Generally a higher credit score is considered better as it indicates lower risk.
Credit scores between 750 and 800 if your credit score is between 750 and 800 you have a long and distinguished credit history that shows a responsible payment history and the ability to handle multiple types of credit responsibly.
Your credit score is one of the factors lenders may use to decide whether or not you are eligible for a credit product and when deciding what interest rate to charge you.
Bankcard and auto scores can range from 250 to 900.
Credit score ranges rating.
Both fico and vantagescore range from 300 to 850 although the ways in which each parses its scores into different classifications vary.