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Below you’ll go to a general breakdown of credit worthiness ranges and what each range means when it comes to your general capability to qualify for lending or credit requests, for example a loan or mortgage. Note that the ranges may vary slightly according to the provider, but the are the credit rating ranges you’ll see on Credit Karma. ● 800 to 900: Congratulations! You have excellent credit.
Keep reaching for celebrities. ● 720 to 799: You have excellent credit! You should expect to get a variety of credit choices to select from, so continue your healthy financial habits. ● 650 to 719: This is considered good to lenders. You may not get the lowest interest levels available, but keep the credit history strong to aid build your credit health. ● 600 to 649: This is fair credit.
History of debt repayment is important to demonstrate your solid a feeling of financial responsibility. ● 300 to 599: Your credit needs some work. Keep reading for a few improvement suggestions below. To borrow from Leo Tolstoy, all great people's credit reports are alike, but all bad fico scores are bad in her own way.
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