Credit Score Range - Finance

Credit Score Range

FICO is the common a single in credit score scoring which ranges from 500 to 850 & the parameters involve 35% of payment history, 15% of length of credit heritage, 30% of amounts owned and debts, ten% not long ago borrowed money, 10% of distinctive kinds of credit availed. When the complete of these computations outcome in for a score over 760 & up to 849, the credit score rating will be superb & if the credit score score goes under 579 it is claimed to be negative. VANTAGE strategy follows a slightly different reporting format which is identical to a report as that of a college, where in grades from A to F are set for the score intervals ranging from 500 to 990. Greater the credit score, greater interest prices & most effective achievable gives with lesser curiosity costs.

Source: http://articlealley.typepad.com/finance/2011/06/credit-score-range.html

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