FICO Score Range

The FICO score range can be a source of confusion for many people. Luckily, pharm it is actually fairly straightforward.

FICO is the scoring system used by all the major financial institutions to grade customers and applicants in terms of their credit-worthiness. It is based on your previous credit transactions and history.

The FICO score range goes from 300 to 850. 450 or below would be considered to be a very bad score. Between 500 and 600 it would generally be possible to get credit but at inflated interest rates. Above 700 is considered to be an excellent score and this is ideally where you want to be.

As you can see, advice when broken down, the basic explanation of the FICO score range is actually not that difficult to grasp at all.


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