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799 is an Excellent credit score. Below is a way of interpreting your credit score. Given the current credit score stats, how does this relate to your own personal score? Generally, if your score is higher than 660, you will be considered a good credit risk. If your score is below 620, then you might have a tougher time getting a loan. The following ratings explain the impact of the different score ranges: * 720-850 - Excellent - This represents the best score range and best financing terms. * 700-719 - Very Good - Qualifies a person for favorable financing. * 675-699 - Average - A score in this range will usually qualify for most loans. * 620-674 - Sub-prime - May still qualify, but will pay higher interest. * 560-619 - Risky - Will have trouble obtaining a loan. * 500-559 - Very Risky - Need to work on improving your rating. If you want to learn more about credit scores and how to improve yours: Take a look at Phil Turner's Credit Bible. You should find valuable information on fixing and improving your credit.

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∙ 18y ago
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Related Questions

Is 500 a good beacon score?

no


Is a 5 beacon score good or bad?

A Beacon score of 5 is impossible, the score ranges between 300 and 850. I'll assume you meant 500, this is considered to be 'very bad'.


Is beacon 5.0 score 719 good enough for a tenant?

yes.


Is your beacon score and FICA score the same?

A beacon score is just the name given to the equifax branded FICO score. So your FICO score and beacon score will be the same if your FICO score is pulled using your equifax credit report.


What is the difference between your credit score and your beacon score?

Your beacon score is basically an equifax branded FICO score, there is no difference except that a beacon score uses data found in your equifax credit report only. So if data furnishers do not report to equifax it will not appear on their credit report and thus this information will not be reflected in your beacon score.


What is the highest beacon score possible?

The highest possible Beacon Score is 900. This indicates excellent creditworthiness and a strong likelihood of receiving favorable terms on loans and credit.


Beacon score zero what does that mean?

This means that you have no credit history according to equifax and thus they were not able to produce a beacon score.


What is a excellent beacon score?

850+


Is a beacon score of 680 good?

A credit score derived from the application of a credit scoring model created by the Fair, Isaac Company to a consumer's credit file held by a credit reporting company. FICO® scores range from 300 to 850, but almost all consumers have a score between the 600s and 700s. A beacon score of 680 is considered to be falls into the 'Good' category by 5 points.


Is a beacon score different from a fico score?

Beacon is the trade name that Equifax uses to describe their version of the FICO score it is the same scoring model though for more information see thecreditguy.tv


Where can you apply for a second mortgage when your beacon score is 500 and what is your best option?

You need to go to a Subprime lender. Not sure if they can help you with 500 credit score though. Good Luck!


What if the score is higher than beacon score?

Your question does not make any sense, please rephrase it.