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The classic FICO credit score (named FICO credit score) is between 300 and 850, and 59% of people had between 700 and 850, 45% had between 740 and 850, and 1.2% of Americans held the highest FICO score (850) in 2019. [15] According to FICO, the median FICO credit score in 2006 was 723 [16] and 721 in 2015. [17]
Here’s a breakdown of the five FICO credit score ranges followed by the VantageScore ranges: FICO Credit Score Ranges . Excellent/Exceptional. 800-850. Very good. 740-799. Good. 670-739. Fair.
What are the different types of FICO credit scores? ... scores can use a broader range of 250 to 900). A higher FICO score suggests that you have managed credit well and are less risky to lenders ...
This guide goes over the main determinants of your credit score, which factors matter the most and more.
FICO scores are based on credit reports and "base" FICO scores range from 300 to 850, [3] while industry-specific scores range from 250 to 900. [11] Lenders use the scores to gauge a potential borrower's creditworthiness. [12] Fannie Mae and Freddie Mac first began using FICO scores to help determine which American consumers qualified for ...
Toggle the table of contents. ... Credit scores range between 300 and 999. ... Industry-specific FICO scores range from 250 to 900, whereas general purpose scores ...
What are the credit score ranges? FICO defines a good credit score as one that falls between 670 and 739, ... FICO credit scores between 580 and 669 are considered fair, and those between 740 and ...
Building a good FICO credit score is one of the best things you can do for your financial health. ... more favorable loan terms and even better credit card rewards. FICO score ranges. FICO scores ...