The higher your credit score is, the better chance you may have of qualifying for credit when you submit applications.

Here are the credit score ranges for the two most popular scoring models, the FICO® Credit Score and VantageScore®:īoth scoring models use the same criteria to determine your score, but they gather it in different ways. Nevertheless, we can get a general sense of credit score ranges, and where your score lands, based on information provided by the credit bureaus. To complicate matters, your credit score may fluctuate based on which credit bureau is supplying your report (your credit reports from the three major credit bureaus may not always contain the exact same information). Right off the bat, you need to know there are many different credit scoring models available, and your credit score can change based on which model is being used. You need to know how that number is viewed by your potential creditors, and whether it’s considered good, bad, or somewhere in between. This number can affect your ability to access the lifestyle you want and dictate how much you’ll pay for things over time, so it’s a good idea to know your credit score, which will usually range anywhere from 300 to 850.īut just knowing your score doesn’t give you the whole picture. When it comes to your finances, there’s a lot of significance placed on one little piece of information: your credit score, which is calculated using the information in your credit report.

Credit score ranges