Credit Score Range — What is it?

There is no universal credit score range. Each credit reporting agency has its own range of scores. What may be a high score for one agency, may not necessarily be a good score for another agency. But what is generally universal is the information used to base your score.

Your score is based on the information in your credit report. Lenders calculate your credit score so they can assess the risk you pose to them before they decide whether they will give you credit. The higher your score, the less risk you pose to creditors.

The most important thing you can do for yourself  to improve your score is credit monitoring. Take an active role by checking your credit history. Understand what credit agencies are looking at to determine your score, and improve those areas. Don’t worry about your number.  Making smart changes regarding your credit will improve your credit score naturally.