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Frequently Asked Questions(FAQ)

What is a good credit score?

A “good” score is dependent on the model that was used to calculate the score you’re looking at. Experian and FICO both state that a good score is between 670 to 739, with 740 to 799 being very good and anything above that being exceptional.

Having a good credit score can help secure good credit loans which often come with decent interest rates and better terms. 

Which of my credit scores is the most important?

90% of top lenders use FICO, but that’s not to say it’s the most important score. The three credit bureaus have also created the VantageScore model which is gaining popularity. All of your credit scores are important, because all of them may be looked at by certain lenders, while others only look at a few. 

How can I check my FICO and Experian credit scores?

You can see your FICO and Experian scores in a wide variety of places. There are of course FICO and Experian’s own sites, but you can also see your scores via your bank (if it offers this service), your credit cards, or online credit checking sites. 

Resources

Here are some additional resources to help you out on your credit journey:

About the Authors

Christopher Murray

Written by: Christopher Murray

Personal Finance Expert

Christopher Murray is a professional personal finance and sustainability writer and editor who enjoys writing about everything from budgeting and saving to unique investing options like SRI and cryptocurrency.

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