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The Beacon version 5.0 is the formula which was created by FICO (Fair Isaac Company) and is used by Equifax to calculate a credit score.

Considering that the average FICO score in the US is 680, your score would fall just below average.

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13y ago

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Related Questions

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 725 Beacon Score good?

Yes, a 725 Beacon Score is generally considered a good credit score. It falls within the "good" range, typically between 700 and 749, indicating that you have a solid credit history and are likely to qualify for favorable loan terms and interest rates. Maintaining a score in this range can help you secure better financial opportunities.


Is 768 a good beacon score?

A beacon score of 768 is considered a good score, as it typically falls within the range that indicates a strong credit profile. Generally, scores above 700 are seen as favorable, suggesting responsible credit management and a lower risk for lenders. However, the exact interpretation can vary by lender and the specific scoring model used.


Is 500 a good beacon score?

no


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!


Is 689 a good beacon score with a 5.0 factor?

NO


Is 792 with a Beacon score of 5.0 good?

Yes. It' very good.


How good is an 869 Credit Score?

How good is an 869 credit score?


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 the credit score of 583 a good score?

583-619 is bad credit score in credit score range


What is a good range for a credit score?

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.


Is beacon 5.0 score 719 good enough for a tenant?

yes.