You and Your Credit Score: What’s A Good Number
There are three credit reporting agencies existing in the United States today.They all uses their own methods and formula to calculate your credit score. Each calculation differs, even if it was developed by FICO, and are updated periodically that will reflect your repayment behavior. Also, lenders or creditors use whichever calculation they want to use.
The FICO score ranges from 300 to 850. By having a high or good credit score, you will be able to access low interest credit cards and also low interest loans. You will also have a higher chance of getting hired by companies that require a good credit score.
You now ask what makes a good credit score number in the FICO score.
It is a fact that having a higher credit score is good. But,what makes a good number ?
To find the answer to the question,go to this website to learn about You and Your Credit Score: What’s The Good Number
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Joe L.Golson
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