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

The article will help you learn everything you need to know about these three-digit numbers, including what constitutes an excellent credit score.

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.

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What Is the Difference Between Various Credit Scores?

FICO score comes from Fair Isaac Corp., which first developed a credit scoring system. VantageScore offers one credit score regardless of what financial product someone is applying for.

How Are Credit  Scores Calculated?

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

What Is a Good VantageScore?

– Excellent credit score: 781-850 – Good credit score:     661-780 – Fair credit score: 601-660 – Poor credit score: 500-600 – Very poor credit score:       300-499

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