What Does the Credit Score Scale Look Like?

Advertising Disclosure

What Does the Credit Score Scale Look Like?

You may know your number, but do you know what it means? Take a look at the credit score scale. This not only applies to your all-important FICO Score, but also the VantageScore created by the three major credit reporting bureaus. Where do you stand, and how can you do better?


Excellent. If your credit score falls within this range, congratulations. You should qualify for the best interest rates on credit cards and other loans. You can also be proud of the good credit practices you clearly understand and implement.


Good/Fair. It’s no Excellent rating, but you’re still in good shape. Of course, it’s all relative. If you’re hitting the Good to Fair range on the way up, keeping doing what you’re doing. But if you’re on the way down from Excellent, stop the free-fall before it gets any worse.


Poor. If you’re recovering from bad credit, this is certainly an improvement. That said, anything below 640 is considered subprime. If your score falls below this number, then any credit you qualify for will come with higher interest rates. Solution? Take steps to get your score out of subprime range.


Bad. This is not a good place for your credit to be. You may not qualify for credit at all, and any loans you do qualify for will come with the highest of interest rates. So, if you haven’t already, it’s time to look into the credit repair process. The good news is, it’s something you can do for yourself, for free, and in just 2 or 3 hours a month. Get the facts about DIY credit repair.

Don’t Know Your Score?

Unlike your credit reports, you are not entitled to a free credit score every year. So here’s how to get it.

You can pay for your FICO score through myFICO.com. Alternatively, your credit card company may provide your FICO score to you on your statement every month. (Not sure if they do? Ask.)

As for your VantageScore, you can check that via free credit monitoring sites like Credit Karma and Quizzle.

Copy link
Powered by Social Snap