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| Excellent Credit |
750-850 |
| Good Credit |
660-749 |
| Fair Credit |
620-659 |
| Bad/Poor Credit |
350-619 |
| No Credit |
0-0 |
Do You Know Your Credit Score? Find Out Now!
*Credit Card will be charged, if Membership NOT cancelled!! |
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A credit score
is a number generally between 300-850, based on a statistical
analysis of a person's credit files. This score represents the credit
worthiness of a person. A credit score is assigned to each individual, to rate
how risky a borrower he or she is--the higher the score, the less
risk the individual poses to creditors. In most cases,
your credit score will determine whether you will be
approved for a credit card. |
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1. Credit Scores range from 300-850, the higher the better
2. Most lenders base approval on your credit score.
3. Higher Scores mean lower payments and better deals.
4. Higher Scores mean Lower interest rates.
5. Scores are determined by 5 main categories:
- Payment History
- Amounts Owed
- Length of Credit History
- Type of Credit Used
- New Credit
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