Credit Score Range

Credit Score RangeWhat is the Credit Score Range? Credit scores range from 300 to 850, with a score of 720 or more generally considered to be a good credit score. Scores below 620 are generally seen as negatively impacting your ability to obtain the best loan rates. A bad credit score will have a potentially significant effect on your financial health, and cause you to pay more in interest payments for credit cards, car loans, home mortgages, and other types of credit.

The three major credit score agencies used by lenders and consumers to calculate credit scores are Equifax, Experian and TransUnion. Each company uses a different scale to determine your credit score. TransUnion’s credit scores range from 300 to 850, which is identical to the generic FICO credit score range used by many lenders to assess an applicant’s credit risk.

However, Equifax’s credit score scale ranges from 280 to 850. So, a credit score issued by Equifax may run slightly lower than a score issued by TransUnion, assuming that both companies are looking at the same credit report information.

Experian, on the other hand, uses two credit score ranges, one ranking your score on a scale of 360 to 840 while the other rates your credit within a range of 330 to 830.

To add to the confusion, the three credit bureaus have created an aggregate credit score, known as the VantageScore, which is designed to synthesize your three credit scores and ranges from 501 to 990.

So, an 800 credit score, which would be a great credit score if issued by Equifax, TransUnion or Experian, would be only an average credit score on the composite VantageScore scale.

The different ranges used by the credit rating agencies account for some of the inconsistency in your credit scores as compiled by each company. Additionally, what qualifies as a good or bad credit score will vary by lender.

The credit reporting bureaus may consider different information in determining your credit score. Since you do not know which credit score will be used by a potential lender in reviewing a car loan, credit card, mortgage, or other credit application, it is important to review your credit score and report as issued by all three credit reporting agencies.

Your credit score will vary between reporting agencies. Make sure that the variance is attributable to the different credit score range used by each reporting company, and not due to errors in your credit history as specified in your credit report.

For more personal finance advice including helpful tips on how to improve your credit score, go to

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