What Is An Excellent Credit Score Range For Experian

We provide a score from between 0 999 and consider a good score to be anywhere between 881 and 960 with fair or average between 721 and 880.

What is an excellent credit score range for experian.

Someone with a fico score of 800 or above is considered to have exceptional credit. This range includes the average u s. Individuals with scores in this range may qualify for better interest rates from lenders. The vantagescore was developed by the 3 major credit bureaus including experian equifax and transunion.

For a score with a range of 300 850 a credit score that is above 700 is generally accepted as good. Approximately 21 of americans had a fico score that fell in the good credit score range in the second quarter of 2019 while approximately 58 had a fico score of 703 or greater. Before you apply for credit it s a really good idea to check your free experian credit score so you can make more informed choices when it comes to applying for credit. The latest vantagescore 3 0 model uses a range between 300 and 850.

For example equifax credit score ranges from excellent to poor are. A vantagescore above 660 is considered good while a score above 780 is considered excellent. Credit score and lenders view consumers with scores in this range as acceptable borrowers. But there is a range of scores that both fico and vantagescore use.

Experian and equifax among others both have their own proprietary scoring models. Having a low score doesn t necessarily mean that you won t be approved but lenders may change the terms of your contract in order to mitigate risk.