Yes, you can have a 0 credit score, at least in the United States. This answer only pertains to credit scoring in the US, but other countries may have similar processes. Your credit score, also called your FICO score, is generated by the three credit reporting agencies, TransUnion, Experian, and Equifax. Normally, an individual's score ranges from 350-850, and is based on the following formula:
um i believe that its 0
The credit score scale ranges from 0 to 800. Everything above 720 is considered a good credit score. Below 500 is considered unacceptable.
First, credit scores don't go down to zero. The only way to improve credit score is to obtain credit, use it wisely, pay it on schedule.
The requirements for obtaining 0 interest credit cards include having a great FICO credit score -- well into the 700s -- to qualify for a zero percent credit card. Also, you may not qualify if your credit score suddenly takes a small blow or downfall.
What are the factors of a credit score?»Payment History 35%»Amounts Owed 29.5%»Length of Credit 15%»Credit Variance 10%»New Credit 10%»Personal Information Variances 0. 5%
um i believe that its 0
A good busisness credit score is generally 80+ on a 0-100 scale.
The credit score scale ranges from 0 to 800. Everything above 720 is considered a good credit score. Below 500 is considered unacceptable.
First, credit scores don't go down to zero. The only way to improve credit score is to obtain credit, use it wisely, pay it on schedule.
A true credit score currently can range anywhere from 0 to 800. Someone that has recently declared bankruptcy, for example, would have a score close to 0 while an international banker with connections to the major world governments might have a score close to 800.
The requirements for obtaining 0 interest credit cards include having a great FICO credit score -- well into the 700s -- to qualify for a zero percent credit card. Also, you may not qualify if your credit score suddenly takes a small blow or downfall.
What are the factors of a credit score?»Payment History 35%»Amounts Owed 29.5%»Length of Credit 15%»Credit Variance 10%»New Credit 10%»Personal Information Variances 0. 5%
583-619 is bad credit score in credit score range
One way you can build your credit score is to get a credit card and either a) use it responsibly, or b) don't use it all. If your balance is $0 at the end of the month, it registers to the credit bureau a payment made on time.
Good credit score ranges between 680- 750 and above this range credit score is considered excellent. Check your credit score regularly to get an idea about your credit score regularly.
no, it is a thin file and will show as a 0, bad credit will show a score of 350-less than 600
IS FICO AND CREDIT SCORE THE SAME THING? IS FICO AND CREDIT SCORE THE SAME THING?