Tag: credit cards

Credit score ranges can get a little confusing. One of the reasons is that you have many different credit scores. This makes it difficult, but not impossible, to determine what credit range you fall into. Knowing your credit status starts with finding out your credit score.I'm going to pull back the curtain so you can get an unblocked view of your credit score range in all its glory. Well, let's hope it's glorious!What Is a Credit Score?Your credit score is a measure of your creditworthiness. When you apply for credit, a lender usually requests your credit score from each of the three credit reporting bureaus: Equifax, Experian and TransUnion. Credit scores are calculated based on the contents of your credit files at each bureau. Sometimes, creditors report your payment history to only on...

Key takeaways Your credit score is based on the information contained in your credit report. The most common score used is FICO, followed by VantageScore. What is considered a good credit score can differ, depending on the type of credit score used. Your credit score is based on the information contained in your credit report. The most common score used is FICO, followed by VantageScore. What is considered a good credit score can differ, depending on the type of credit score used. What is considered a good credit score depends on the type of credit score used. You have multiple credit scores, but the most popular type of score is FICO, followed by VantageScore. Even within each type of score, there are multiple s...