The parameters of the FICO range from 300 (lowest), up to 850 (highest) credit rating. Suffice to say, that the majority of people fall somewhere in the 600 and 700 range. The highest scores usually range in the area of 720-850. This range is considered to be excellent credit
The maximum credit score based on FICO is 850.
A credit score of 800 is very good and will net some of the best credit offers. A maximum score of 850 is possible on the FICO credit scoring system.
I think it's 850, my mom had a perfect credit score and I got a 750, maybe because she has a lot of credit limit than mine.
It depends on the Credit Reporting Agency because they all use varying models. The maximum FICO score is 850. The maximum VantageScore (a new score now used by Experian, among others) is 990. For FICO, the highest possible credit score is 850, but anything above 700 is really good. Below 620 you are considered a serious credit risk and will pay high interest rates on any loans, credit cards, etc. you can get.
Yes but not significantly, unless it is a large amount, close to the maximum limit.
The maximum credit score based on FICO is 850.
The highest credit score one can have ranges from 760-850. A poor credit score would be in the range of 500-579. Poor credit ratings can prevent one from obtaining mortgages and approvals on loans.
A credit score of 800 is very good and will net some of the best credit offers. A maximum score of 850 is possible on the FICO credit scoring system.
I think it's 850, my mom had a perfect credit score and I got a 750, maybe because she has a lot of credit limit than mine.
According to the FICO the highest possible credit score you can obtain is 850, but if you use another credit scoring formula Vantage Score the credit rating can go all the way up to 990. FICO is the mostly widely used
It depends on the Credit Reporting Agency because they all use varying models. The maximum FICO score is 850. The maximum VantageScore (a new score now used by Experian, among others) is 990. For FICO, the highest possible credit score is 850, but anything above 700 is really good. Below 620 you are considered a serious credit risk and will pay high interest rates on any loans, credit cards, etc. you can get.
Yes but not significantly, unless it is a large amount, close to the maximum limit.
The maximum depends on your credit history. If you are one that is in bankrupt or has a bad history, the time will be short. If you have a perfect credit score than the time will be greater.
583-619 is bad credit score in credit score range
821 credit score is a great score. But high and low scores also depends on the Credit Reporting Agency' because they all use varying models. The maximum FICO score is 850. The maximum VantageScore (a new score now used by Experian, among others) is 990. These two pages provide additional information: From Fair Isaac Corp. (aka the originator of FICO): http://www.myfico.com/CreditEducation/CreditScores.aspx From Bankrate.com: http://www.bankrate.com/brm/news/DrDon/20061117_credit_FICO_Vantage_a1.asp
A credit score of 712 is respectable; the maximum score possible is 850 and usually only reached by mature adults with absolutely no credit problems in their lives, ever, and very steady use of credit. You should qualify for close to the lowest interest rate possible, if not the actual lowest rate.
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.