CREDIT RESTORATION TIPS!

How Do You Rate? Most credit scores – including the FICO score, operate within the range of 301 to 850. Within that range, there are different categories, from bad to excellent. Excellent Credit: 781 – 850 Good Credit: 661-780 Fair Credit: 601-660 Poor Credit: 501-600 Bad Credit: below 500 But even these aren’t set in stone. That’s because lenders all have their own definitions of what is a good credit score. One lender that is looking to approve more borrowers might approve applicants with credit scores of 680 or higher. Another might be more selective and only approve those with scores of 750 or higher. Or both lenders might offer credit to anyone with a score of at least 650, but charge consumers with scores below 700 a higher interest rate!