What does a credit score of 553 mean?
it means you'll have a hard time getting a loan. credit scores run from 400-850 with about 650 being fair, and around 720 being good. less than 600 is considered poor.
A credit report basically contains information about your credit history, whereas Credit score is a number which is generated on the basis of your credit report. Score totally depends upon one's credit record, if history is good, credit score will be high. I always check my credit score free at Freecreditscore.com.
Your credit score is determined from the data on your credit report. Most credit reporting sites sell or give away for free a credit score with your credit report. Some site only give away a credit score. So, the answer to your question is, yes, your score generally comes with your credit report but it is not always included.
Actually, you don't get a free credit score when you request for your free annual credit report. The government allows the credit agencies to charge a nominal fee for the credit score. There are, however, certain instances when you can get your credit score for free: if you're applying for a mortgage, you can ask the lender to tell you what your score is if you've been denied credit and the score was a major…
If your credit history is correct, then your credit score is accurate and can not be "fixed". If your credit history contains inaccuracies, you can have these corrected and this will change your credit score. Going forward, if you meet all your debt/borrowing repayments this will be recorded in your credit history and your credit score will improve. What you can not have happen is an improvement in your score just because you want it.