Free Credit Score Tips 2

Credit Score Range and What It Means

A credit score ranges between 300-900. The closer your credit score is to 900, higher the chances are for you to get a good deal for loan as well as credit card. Let’s take a look at the different credit score range:

»NA/NH: In order to calculate your credit score, you need to have a credit history. If you have no credit history, your credit report will mention that your credit score is NA/NH.

» 300-550:A credit score in this range is considered as a poor credit score. It suggests that you have defaulted your payments and have unpaid dues.

550-650: A credit score in this range is considered as average. You will still have to take measures to improve your credit score.

»650-750: A credit score is this range is considered as good and lenders will consider granting you credit in the form of loan or credit card. However, you might still not be in the position to negotiate for a good deal.

Free Credit Score Tips 2

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