credit ratings scale
what is the credit scale ratings? what numbers are poor, good, very good , and excellant?
I just wanted to know the guide line numbers for my referance like if good credit is 650 or 600 tha kind of thing. All I know is that it rangesfrom 350 to 800.
There are 2 credit scoring systems FICO and Vantage.
FICO scores from 300 to 850 with anything that calculates to below a 300 defaulting to a 0.
Vantage scores from 501 to 900.
The breakdown for both is as follows;
FICO
Elite-740 & above
Prime-700-739
Preferred-660-699
Standard-625-659
Sub-prime-624 & down
Vantage
A-901-990
B-801-900
C-701-800
D-601-700
F-501-600
The only one that matters is FICO since that’s the one that all lenders look at.
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