credit rating scale what scores mean
More on Excellent Credit. Your Score Range: 800-850. Your score sits between 800 and 850 on the FICO scale, putting you in a category with only 18 percent of the population. Although you have little or no room for improvement, this score tells lenders and potential lenders that you are an excellent investment.
740 to 799: Indicates a very good FICO Score and is above the average credit score. Consumers in this range may qualify for better interest rates from lenders. Approximately 2% of consumers with a credit score between 740 to 799 are likely to become seriously delinquent in the future.
670 to 739: Indicates a good FICO Score and is in the median credit score range. Consumers in this range are considered an âacceptableâ borrower. Approximately 8% of consumers with a credit score between 670 to 739 are likely to become seriously delinquent in the future.