Why do credit scores differ?

Over 200 factors may be taken into account when different scoring models calculate your credit score and each model may weigh these factors differently, so there are often minor differences between credit scoring models. With our program, credit scores are represented within these credit score ranges, so you get a better idea of where you stand:

• 781–850 – This score range is generally considered “Excellent”. Users in this range have very healthy credit history, and are usually eligible for lowest rates on loans and most generous offers on credit cards.
• 661-780 – This score range is generally considered “Good”. These users typically have good credit but may have a few blips or a short credit history. These users may not get the lowest rates on all types of loans.
• 601-660 – This score range is generally considered “Fair”. Users in this range do not get the lowest rates on loans and opportunities to borrow start becoming limited.
• 501-600 – This score range is generally considered to be “Unfavorable”. Users in this range are new to credit or have had significant defaults. Users in this range can often get loans, but at rates that are among the highest in the market.
• Below 500 – This range is generally considered to be “Deficient”. Users in this range are new to credit or have had significant defaults and may find it hard to get credit.