WHAT IS EXCELLENT CREDIT AND HOW YOU CAN IMPROVE YOUR CREDIT SCORE

A good credit score is vital for many reasons, but it can be hard to know what an excellent credit score is.

It’s no secret that having a good credit score is essential. Your credit score can impact your ability to get a loan, a job, or even an apartment.

What Is an Excellent Credit Score?

An excellent credit score is the best credit score you can get in the credit scoring systems using the information in your credit reports.

With fair credit scores ranging from 580 to 669; good credits ranging from 670 to 739; very good credit scores ranging from 740 to 799; and excellent credit scores at 800.

What Is the Difference Between Various Credit Scores?

An essential item impacting your FICO Score is your payment history, which means making your payments on time and not having any late payments.

What Is the Difference Between Various Credit Scores?

For your VantageScore, the most crucial factor is your total credit card balance and credit utilization rate.

Lined Circle

Credit scores are calculated by combining the following: Payment History Credit Utilization Ratio Length of Credit History Credit Mix New Credit Hard Inquiries

How Are Credit Scores Calculated?

Swipe Up  To Read More

Swipe Up  To Read More