It ensures access to a standard array of financing options, though not always at premium rates [25]. Borrowers here are often classified as "subprime" [1].
While different lenders and bureaus like Equifax and Experian may group scores slightly differently, they generally follow these tiers: Borrowers in this range are considered minimal risk [23]. credit score range
Your score dictates the "price" of the money you borrow [14, 24]. It ensures access to a standard array of
A credit score is a three-digit number representing your creditworthiness, acting as a snapshot of your history with borrowing and repaying debt [15, 27]. Most major scoring models, including and VantageScore , use a range from 300 to 850 [14, 29]. Standard Credit Score Ranges 27]. Most major scoring models