What Is A Good Equifax Credit Score Range

There are many different credit scores and scoring models.

What is a good equifax credit score range.

And 760 and up are considered excellent. The equifax credit score is an educational credit score designed to give you an idea of where your credit stands. You have a chance of being approved for credit but are likely to be charged a high interest rate and have a low limit. Although ranges vary depending on the credit scoring model generally credit scores from 580 to 669 are considered fair.

It is calculated using information in your equifax credit report. Fico scores in the 740 to 799 range are deemed very good. Credit score and lenders view consumers with scores in this range as acceptable. Fico scores in the range of 670 to 739 are rated good.

Individuals with scores in this range may qualify for better interest rates from lenders. 670 to 739 are considered good. Higher credit scores generally result in more favorable credit terms. 740 to 799 are considered very good.

725 to 759 are considered very good. Although credit scoring models vary generally credit scores from 660 to 724 are considered good. And 800 and up are considered excellent. It s highly likely your credit application will be rejected.

This range includes the average u s. Higher credit scores mean you have demonstrated responsible credit behaviour in the past which may make potential lenders and creditors more confident about your.