The Basics to Understanding your Credit Score pt3
What is a Good Score?
It is today’s most commonly used scoring system. FICO© scores range from 300-850 and most people score in the 600s and 700s. Lenders buy your FICO© score from three national credit reporting agencies, also called credit bureaus; Equifax, Experian and Trans-Union.
In the eyes of most lenders, FICO© credit scores above 700 [...]