How is my Credit Score calculated?
Your FICO® Score is calculated based on five factors: payment history, amount owed, length of credit history, new credit, and credit mix.
Easy Access
Peace of Mind
Positive Impact
It's Free
What is a good credit score?
If you are curious about credit scores and what qualifies as good credit versus bad credit, you are not alone! Credit score has a big impact on your life, from whether or not you are approved for loans or mortgages to the rate and terms you receive. Poor credit scores can also impact getting approved for a rental agreement, electricity, cell service, credit cards, and so much more.
Credit scores typically range anywhere from 300 to 850. While different lenders can have different criteria when it comes to approvals and rates, here is a guideline to help you find out what is a good credit score:
- Excellent credit score: 800+
- Very good credit score: 740 - 799
- Good credit score: 670 - 739
- Fair credit score: 580 - 669
- Poor credit score: Under 580
New on our blog
Enjoy browsing our collection of recent articles relating to credit, personal finances, and more.
