Credit Score Range – Episode #87

Is the credit score range 1-100? 350-850? Does it matter? Probably one of the greatest points of confusion in credit scoring is all the different models that exist. Of course, these models all have different credit score ranges making an apples to apples comparison difficult. I see it all the time. “Yippie, my credit score is a 845!” That’s a great, near perfect, score on the FICO score scale. But on the VantageScore range that’s a “B” grade as it’s well below the 990 perfect score. Here are the credit score ranges for the largest scoring models.

Credit Score Ranges by Model

• FICO score system goes from 300 to 850
• VantageScore goes from 500 to 990
• Experian’s PLUS score goes from 330 to 830

If you are thinking about a loan, you should know that most lenders use FICO scores and that it is well worth saving $1000s over the life of the loan to check your FICO scores instead of relying on non-FICO scores to guide you. In addition, all 3 FICO scores from all 3 bureaus should be checked if you are looking at a refinance or a home loan.

Similar Posts:

• Credit Score Range – Episode #87
• What is the Credit Score and FICO Score Scale? – Episode #9
• Credit Score Check – Episode #90
• What’s a Good Credit Score? – Episode #4
• Payday Loans and Your Credit Scores – Episode #30
• Credit Score Chart – Episode #88