What is the good range on Experian?

What is the good range on Experian?

What is the good range on Experian?

For a score with a range between 300 and 850, a credit score of 700 or above is generally considered good. A score of 800 or above on the same range is considered to be excellent. Most consumers have credit scores that fall between 600 and 750.

What are the 5 credit score rating ranges?

What Do Your Credit Scores Mean?

  • Exceptional: 800 to 850. FICO® Scores ranging from 800 to 850 are considered exceptional.
  • Very good: 740 to 799. FICO® Scores in the 740 to 799 range are deemed very good.
  • Good: 670 to 739. FICO® Scores in the range of 670 to 739 are rated good.
  • Fair: 580 to 669.
  • Poor: 300 to 579.

What is a good car FICO score?

What credit score is needed to buy a car? You will likely need a credit score of 500 or above to qualify for an auto loan. A credit score range of 780 or better typically gets you the best rates. There are two main factors lenders look at when approving an applicant for an auto loan.

What do credit score codes mean?

Code Translations A credit report code of zero means that there is nothing to rate or the account is too new; 1 means paid as agreed; 2 means up to 59 days past due; 3 means more than 60 days, but less than 90 days past due; and 5 means the account is more than 120 days past due.

What does 850 credit score mean?

Your 850 FICO® Score falls in the range of scores, from 800 to 850, that is categorized as Exceptional. Your FICO® Score is well above the average credit score, and you are likely to receive easy approvals when applying for new credit. 21% of all consumers have FICO® Scores in the Exceptional range.

Is 852 a good credit score?

An 852 credit score is excellent. Before you can do anything to increase your 852 credit score, you need to identify what part of it needs to be improved, plain and simple. And in order to identify what needs to be improved, you should probably be aware of all the things that count and don’t count towards your score.

Is 640 a good credit score to buy a car?

Answer provided by. While your friend is right that your credit score is considered fair, that doesn’t mean securing an auto loan is impossible! With a 640 credit score, a new car loan interest rate hovers around 6.5% and a used car loan sits at about 10.5%. A credit score of 640 is below the national average of 710.

Is a 670 credit score good to buy a car?

With a score of 670 to 679, you are in the second-best credit score range for auto loans and you will pay relatively low interest rates. If your score is between 670 and 679, you’ll have to be careful about your credit if you’re considering applying for a car loan.

What does l mean on credit report?

Indicates if the amount is an original loan (O), credit limit (L), high balance (H), initial charge-off (C) or unknown (blank).

What does Mo Rev mean on credit report?

number of months
MO REV: number of months the account has been reviewed. Number of times payment has been late for the indicated time frames. STATUS: current status of the account as of the Date Reported.

Is 817 a good credit score?

A FICO® Score of 817 is well above the average credit score of 711. An 817 FICO® Score is nearly perfect. You still may be able to improve it a bit, but while it may be possible to achieve a higher numeric score, lenders are unlikely to see much difference between your score and those that are closer to 850.