Part of the answer depends on which scale is used to check credit scores. FICO, which was invented by the Fair Isaac Corporation from which it takes its name, uses a scale from 300-850. In FICO terms, a credit score of 800+ is exceptional, while 740-799 is considered “very good.” 670-739 is “good,” 580-669 is “fair,” and 300-579 is “very poor.” VantageScores, which were the result of a collaborative effort by Experian, Transunion, and Equifax, the three major credit reporting bureaus, use the same numbers, but the cutoffs for each credit bracket are different. “Excellent” runs from 750-850, “good” runs from 700-749, “fair” covers 650-699, “poor” includes the range from 550-649, and anything below 550 is considered “very poor.” In addition, under the Vantage system, some late payments, such as mortgages, can have a disproportionate impact on your credit rating. Because of this, it’s entirely possible to have a higher FICO score than Vantage, or vice versa, and still have less than exceptional credit. A lender may choose to use FICO, Vantage, a combination of the two, or a modified, proprietary credit ranking tool for internal use in evaluating the creditworthiness of accounts. Lenders may choose to accept borrowers with poor credit with cosigners, who can demonstrate they have collateral, or who qualify for special incentives such as “second-chance” financing programs. Because of this, it’s nearly impossible to say absolutely which rates and loan packages you can qualify for, although on average, the best credit ratings get the best credit offers. Whether you’re a credit hero or just starting the long road to financial recovery, United Medical Credit can offer the most competitive range of options for your specific situation.