Credit Score Range
The Fico credit score range varies between 300 - 850. A score of 300 would mean no bank or lender would go
near you as you would be a huge credit risk. Alternatively a score of 850 would make you the absolute best
But it would be extremely rare to have a score at the absolute extreme and a better measure of understanding
your credit score range would be this. Scores between 600 - 700 are considered to be average. Credit scores
below 500 are considered to be very risky while a score over 700 is considered very good in the eyes of financial
Why would you worry about maintaining good credit?
Well it helps you get much better interest rates on your loans for housing, cars and other big purchases. These
days even when you apply for a job or would like to rent a property they will asses your risk by checking your
A credit report has all these details on it and its important to check it regularly for any mistakes. Most
people will check there credit score a few times a year as identity theft affected about 10 million
people last year in the united states and checking your report is important as most signs of identity theft will
usually show up on your credit report right away.