'Excellent' is the highest tier of credit scores you can have. Here's what 'excellent' actually means, and how to get that elusive score.
A perfect credit score of 850 is hard to get, but an "excellent" credit score is more achievable., mortgages and competitive loan rates — which can save you money over time — excellent credit can help you qualify. "Excellent" is the highest tier of credit scores you can have.
When you apply for credit, lenders review a detailed summary of your financial history, known as your , to determine whether you qualify for a particular form of credit. And one part of your credit report is the three-digit number known as your credit score.When determining your credit score, credit agencies consider several factors related to your financial history, including payment history and amounts owed, from your current and past credit accounts.
Credit score ranges vary based on the credit scoring model used and the credit bureau that pulls the score. Below, you can check which credit score range you fall into, using estimates from Experian.Very poor: 300 to 499
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