I am EXCITED and PUMPED about my new book for high school students, college students, and twenty-somethings – What Everyone Should Know About Money Before They Enter THE REAL WORLD.
To celebrate the release of this book, I am sharing one of the chapters of this book (see all of the chapter titles HERE)
Here is another section of the “Credit Scores” chapter:
Everyone Should Know â€¦
What number is a good credit score?
According to Fair Isaac, a credit score can range from 300 to 850. The higher the score, the lower the risk. This means you want a higher number.
Companies establish their own criteria as to which credit score is a good credit score. As a general rule, any FICO score greater than 750 is an excellent credit score. Anything more than 800 is considered outstanding. As credit scores drift into the 600 range, credit might still be available, but it will come at a higher cost. Credit scores in the 500 range might prevent you from obtaining reasonable lending rates and terms.
More from this chapter tomorrow!
Read the entire series HERE
Learn more about the book and RESERVE YOUR COPY (ships 12/15!) at its dedicated website HERE