How To Estimate Your Credit Score

Every time you apply for any type of credit - a credit card, personal loan, car loan, mortgage, store credit, etc. - your credit score is used to help determine whether or not you'll get approved. And it is also used to help determine how much money you can borrow or how high your credit limit will be.

In general, the higher your credit score, the better. Unfortunately, most people have no idea what their credit score is. So here is a simple tool to help you estimate your credit score:

So, what was your credit score? Here is a chart to help you understand how your credit score compares:

760+          - Excellent score!
700 - 759    - Very good score, you should have no trouble getting a loan at a very good interest rate
660 - 699    - Good score, you should be approved at a good interest rate
620 - 659    - Fair score, you should be approved, but at a higher interest rate
580 - 619    - Poor score, you may qualify for a loan, but at very high interest rates
Below 580 - Very poor score, if you do qualify you will pay very high interest rates

Keep in mind that this is only an estimate. To learn more about your credit score, including how to get an official credit score, here are some helpful resources:

How to get your credit score for free

How much do credit mistakes hurt your FICO score?

10 Tips For Improving Your Credit Score!

Get help fixing your credit problems: Learn how you can remove past credit problems from your credit report, raise your credit score, & get your credit back to normal!