What is a bad credit score?

Answer Credit is crucial in today's economy. Your credit score, or FICO, rates credit on a scale of 800 to300, 800 being the highest, 300 being the lowest. Understanding the ins and outs of your credit sc... Read More »

Top Q&A For: What is a bad credit score

What is a good credit score on a credit score scale?

On One Hand: Over 700 on the FICO ScaleThe FICO credit scoring scale runs from 300 to 850, with higher scores signifying a more credit-worthy individual. A score of 700 or higher signifies that you... Read More »

What percentage of people score 990 on the TransUnion personal credit score?

According to the Associated Press in July of 2010, only 18 percent of Americans had a credit score of over 800. The Credit Truth reports that the percentage of Americans with an 800 or above Trans ... Read More »

Will canceling credit cards with high available credit hurt my credit score?

Closing a credit card with a high available credit limit will lower your available credit, as well as remove some of your credit history. Typically, it does lower a borrower's credit score, althoug... Read More »

What is the difference between a fico score&a credit score?

A FICO score and a credit score are essentially one in the same. The FICO score was created by the Fair Isaac Corporation. It is the most frequently used credit score.FICO AliasesAll three major cr... Read More »