What is a Credit Score?
A credit score is a three-digit number (300–850) that represents your creditworthiness. Lenders use it to decide whether to approve your application for loans, credit cards, or mortgages — and at what interest rate. The higher your score, the better terms you'll qualify for.
What Are the FICO Score Ranges?
- 800–850: Exceptional — best rates available
- 740–799: Very Good — near-best rates
- 670–739: Good — qualifies for most products
- 580–669: Fair — limited options, higher rates
- 300–579: Poor — difficulty getting approved
Q: How can I improve my credit score fast?
The fastest ways to improve your score: pay down credit card balances to below 30% utilization, make sure all accounts are current and pay on time going forward, and dispute any errors on your credit report. These can show results within 30–60 days.
Q: How do I check my real credit score for free?
You can get a free credit report from all three bureaus once per year at AnnualCreditReport.com. Many banks and credit cards also provide free FICO score access. Apps like Credit Karma show your TransUnion and Equifax scores for free.