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. The ranges differ depending on the scoring model, 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.

FICO Credit Score and VantageScore use a 300-850 range to determine your credit score. However, the two use different ranges for determining categories of credit scores and different credit score ranges.

What Is the Difference Between Various Credit Scores?

FICO score comes from Fair Isaac Corp., which first developed a credit scoring system. It uses data about consumers from the three major credit reporting bureaus: TransUnion, Equifax, and Experian.

Your credit score is a critical component of your credit report. All three major credit monitoring agencies have slightly different methods of calculating credit scores, but the general thrust behind each credit report is the same.

How Are Credit Scores Calculated?

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