What is a good beacon score?

Answer A beacon score is also known as the Fair Isaacs computation (FICO). This score ranges between 300 and 850, and the higher the score, the better. In recent years, a score of 650 is fair; however, le... Read More »

Top Q&A For: What is a good beacon score

What is the difference between a Beacon score and a FICO score?

The Beacon score was the name for a credit score calculated by the Experian credit bureau. The Beacon score used an older scoring algorithm developed by the Fair Isaac Corporation. It has since bee... Read More »

What is a Beacon score?

A Beacon score is a type of credit score issued by the Equifax Credit Bureau and used to measure the likelihood a borrower will repay a loan. Lenders use a Beacon score to set the interest rate fo... Read More »

How to Understand a Beacon Score?

Your credit report contains all the information about you that pertains to your public housing profile, financial data that includes how much credit you have versus how much you have available to u... Read More »

What is the highest Beacon score possible?

The highest Beacon score is 850. The Beacon score is calculated by the Equifax Credit Bureau, based on information in your credit report. This gives lenders an idea of how likely you are to repay a... Read More »