Individuals with scores in this range may qualify for better interest rates from lenders.
What is a good equifax credit score range.
The equifax credit score ranges from 280 850.
Although ranges vary depending on the credit scoring model generally credit scores from 580 to 669 are considered fair.
Credit score and lenders view consumers with scores in this range as acceptable.
Although credit scoring models vary generally credit scores from 660 to 724 are considered good.
This range includes the average u s.
Fico scores in the 740 to 799 range are deemed very good.
725 to 759 are considered very good.
Fico scores in the range of 670 to 739 are rated good.
A credit score is a three digit number designed to represent the likelihood you will pay your bills on time.
And 760 and up are considered excellent.
670 to 739 are considered good.
It is calculated using information in your equifax credit report.
And 800 and up are considered excellent.
Higher credit scores mean you have demonstrated responsible credit behaviour in the past which may make potential lenders and creditors more confident about your.
The equifax credit score is an educational credit score designed to give you an idea of where your credit stands.
Equifax credit score equifax credit rating what this means for you.
Higher credit scores generally result in more favorable credit terms.
It s highly likely your credit application will be rejected.