The Different Credit Scores

Your score tells a story, understanding it helps you control the narrative.

There are several credit scoring models used in the financial system, but the two most common are FICO® and VantageScore®. Both models typically range from 300 to 850 and are designed to assess credit risk based on information found in your credit report. While they use similar data, each model weighs factors slightly differently, which is why scores can vary.

Lenders may use different scoring models depending on the type of credit being evaluated, which makes understanding score ranges more important than focusing on a single number.

Common Credit Score Ranges

800–850 (Excellent or Exceptional)
This range generally reflects very strong credit management. Borrowers in this category are typically viewed as low risk and may qualify for the most favorable rates and terms.

740–799 (Very Good)
Scores in this range indicate consistent, responsible credit behavior. Lenders often view borrowers here as reliable with access to competitive options.

670–739 (Good)
This is considered a healthy credit range. Most loan types are accessible, though pricing and terms may vary by lender and situation.

580–669 (Fair)
Scores in this range may still qualify for certain types of credit, but often with higher rates, additional requirements, or limited options.

300–579 (Poor or High Risk)
This range reflects significant credit challenges. Borrowers here typically face limited access to credit and higher costs until their profile improves.

Credit scores are not permanent labels. They change over time based on patterns and behavior. Understanding where a score falls and what it represents provides context for why certain options may or may not be available.

This content is provided for educational purposes only and does not constitute personalized credit, legal, or financial advice.