Quali sono le gamme FICO Score®?

Quando stai tentando di migliorare il tuo punteggio di credito, è importante sapere come gli istituti di credito classificano i punteggi di credito. In questo modo, puoi determinare dove dovrebbe essere il tuo per raggiungere i tuoi obiettivi finanziari.

È fantastico aumentare il tuo punteggio di 100 punti, ma se sei ancora nella categoria "cattivo", non avrai comunque molta fortuna nell'ottenere l'approvazione per un prestito, una carta di credito o un mutuo.

Intervallo punteggio FICO®:300 – 850

Quindi, come vengono classificati i punteggi FICO? Le categorie possono variare in base al prestatore, ma i punteggi in genere sono i seguenti:

Credito eccellente:800 – 850

È molto probabile che tu venga approvato per un prestito o una carta di credito, inoltre riceverai l'accesso ai migliori tassi di interesse e condizioni. Il punteggio di credito più alto che puoi avere è 850.

Credito molto buono:740 – 799

Riceverai comunque alcune delle migliori tariffe quando richiedi il credito. In effetti, alcuni istituti di credito considerano 720 la soglia per i tassi di interesse più bassi, quindi potrebbe non essere nemmeno importante se il tuo punteggio è superiore a quello.

Buon credito:670 – 739

Il punteggio di credito medio dell'americano è 695, che rientra nella categoria "buono". Probabilmente non hai molti elementi negativi importanti elencati nel tuo rapporto di credito, ma c'è spazio per miglioramenti per assicurarti di ottenere i migliori termini di finanziamento.

Credito equo:580 – 669

Le tue tariffe in questa categoria non saranno sicuramente le migliori disponibili, il che potrebbe finire per costarti migliaia di dollari, se non di più, la prossima volta che prenderai un prestito o porterai un saldo sulla tua carta di credito.

Credito scarso:300 – 579

Hai sicuramente alcuni elementi negativi e potresti avere difficoltà a ottenere l'approvazione per il credito, che si tratti di una nuova carta o di un prestito. Se ottieni l'approvazione, le tue tariffe saranno estremamente alte.

La buona notizia è che c'è molto spazio per migliorare nella categoria. La cattiva notizia è che probabilmente avrai bisogno di quel miglioramento per ottenere l'approvazione per un prestito. Ad esempio, il punteggio minimo per un mutuo per la casa FHA è 580, quindi se sicuramente non sarai idoneo se il tuo credito è in questa categoria.

Grafico dei punteggi FICO®

Probabilmente sai dove rientri in queste categorie di credito, ma che ne dici di tutti gli altri nel paese? Con il 54,7%, poco più della metà della popolazione ha un punteggio di 700 o superiore.

Circa il 23% delle persone ha un punteggio compreso tra 600 e 699 e il 22% ha un punteggio inferiore a 600. Ciò significa che quasi un quarto degli americani ha scarso credito o è sul punto di scendere al di sotto della soglia di 579.

Molto mediocre	scarso	Media	Buono	Molto buono	Eccellente
579	619	679	719	779	850
578	618	678	718	778	849
577	617	677	717	777	848
576	616	676	716	776	847
575	615	675	715	775	846
574	614	674	714	774	847
573	613	673	713	773	846
572	612	672	712	772	845
571	611	671	711	771	844
570	610	670	710	770	843
569	609	669	709	769	842
568	608	668	708	768	841
567	607	667	707	767	840
566	606	666	706	766	839
565	605	665	705	765	838
564	604	664	704	764	837
563	603	663	703	763	836
562	602	662	702	762	835
561	601	661	701	761	834
560	600	660	700	760	833
559	599	659	699	759	832
558	598	658	698	758	831
557	597	657	697	757	830
556	596	656	696	756	829
555	595	655	695	755	828
554	594	654	694	754	827
553	593	653	693	753	826
552	592	652	692	752	825
551	591	651	691	751	824
550	590	650	690	750	823
549	589	649	689	749	822
548	588	648	688	748	821
547	587	647	687	747	820
546	586	646	686	746	819
545	585	645	685	745	818
544	584	644	684	744	817
541	583	643	683	743	816
540	582	642	682	742	815
539	581	641	681	741	814
538	580	640	680	740	813
537		639		739	812
536		638		738	811
535		637		737	810
534		636		736	809
533		635		735	808
532		634		734	807
531		633		733	806
530		632		732	805
529		631		731	804
528		630		730	803
527		629		729	802
526		628		728	801
525		627		727	800
524		626		726	799
523		625		725	798
522		624		724	797
521		623		723	796
520		622		722	795
519		621		721	794
518		620		720	793
517					792
516					791
515					790
514					789
513					788
512					787
511					786
510					785
509					784
508					783
507					782
506					781
505					780
504
503
502
501
500
499
498
497
496
495
494
493
492
491
490
489
488
487
486
485
484
483
482
481
480
479
478
477
476
475
474
473
472
471
470
469
468
467
466
465
464
463
462
461
460
459
458
457
456
455
454
453
452
451
450
449
448
447
446
445
444
443
442
441
440
439
438
437
436
435
434
433
432
431
430
429
428
427
426
425
424
423
422
421
420
419
418
417
416
415
414
413
412
411
410
409
408
407
406
405
404
403
402
401
400
399
398
397
396
395
394
393
392
391
390
389
388
387
386
385
384
383
382
381
380
379
378
377
376
375
374
373
372
371
370
369
368
367
366
365
364
363
362
361
360
359
358
357
356
355
354
353
352
351
350
349
348
347
346
345
344
343
342
341
340
339
338
337
336
335
334
333
332
331
330
329
328
327
326
325
324
323
322
321
320
319
318
317
316
315
314
313
312
311
310
309
308
307
306
305
304
303
302
301
300

Why Good Credit Matters

It’s important to have a good credit score as high as possible because the higher your interest rate, the more money you’ll pay over time. That can really add up for high-value loans like cars or mortgages.

Let’s look at a quick example. If you have excellent credit and take out a mortgage for $100,000 over 30 years and your rate is a low 3.92%, you’ll end up paying an additional $70,000 in interest payments.

If you think that’s a lot of money, wait until you see the next set of numbers. Bump that rate up to 5.92% for someone with a lower credit score, and they’ll end up paying over $113,000 in interest. That’s more than the loan itself! And it’s $43,000 more than the first person paid with a better interest rate.

The High Cost of Bad Credit

Even if you’re not planning on buying a home anytime soon, the same principles apply to credit cards, car loans, student loans, and other loans. The lower your credit score, the more money you’ll have to pay. Plus, landlords and even some employers now do credit checks as part of their application processes.

With a bad credit score, you might have difficulty finding a home or even a job. And if you have a financial emergency, you might be stuck with high-fee options like payday loans or title loans, which can add up fast and even cost you your car.

If you fall into one of the lower credit rankings, it’s time to start evaluating your credit reports. That way you can find out how you can improve that score and keep your financial opportunities wide open.

Industry Specific Credit Scores

Now that you know what a good credit score is, it’s time to get more specific.

Traditional FICO scores from the popular scoring company Fair Isaac Corporation range from 300 to 850. However, there are actually several credit scoring models that lenders might use when judging your creditworthiness. These vary depending on what type of credit you’re applying for.

A few examples include versions specifically for mortgages, car loans, credit cards, and student loans. Each one will look at slightly different information that is more relevant to the exact type of credit you want.

Your Credit Scores Are Different Depending on What You Apply For

The model for credit cards more heavily weighs your revolving payment history, while the auto-version is going to pay more attention to your past car payments.

There are a couple of tricky parts that come with these alternative scoring models. The first is that you probably won’t know which credit scoring model your lender is going to use unless you ask.

Additionally, the credit score ranges are different from the traditional FICO model. Instead of ranging between 300 and 850, the industry-specific scores range between 250 and 900.

On the auto credit range, for example, you’ll want at least a 750 to get the best interest rates. So, you can see how the numbers vary slightly for each different model.

FICO vs. VantageScore

While FICO scores are the most popular ones used by lenders today, there are other companies competing in this space. The other major model is called VantageScore, which was actually created by the three credit bureaus.

VantageScore 2.0, which is still used by some lenders, calculates credit anywhere between 501 and 990.

The latest version, VantageScore 3.0, uses the same range as FICO to reduce confusion, 300–850. Just like FICO, the higher score you have on both types of VantageScore models, the better a lender views your credit.

What Else Do Lenders Look at Besides Credit Score?

Clearly, your credit score is a massive component of any financial application process. If you don’t meet certain minimums, there’s no way you’ll get approved or access the very best rates. That being said, lenders look at a lot of additional information beyond your credit score and credit report.

They also analyze your income level to make sure you can afford the loan amount you’ve requested. Even if you earn six figures, if you have too much debt or the loan amount is too high, the lender might question your ability to make your payment each month.

Employment History

They also look at your employment history. No matter how great your credit is, or how much money you make, most lenders want to see that you’ve been in the same job (or at least the same industry) for the past two years. They even check your tax statements and pay stubs to confirm your earnings and often require proof of employment.

A lender might also want to know how much in cash reserves you have on hand. They’ll likely want to see bank statements because the more savings you have, the more cushion you have to repay the loan even if you have a financial emergency, like medical bills or a lost job.

How to Get the Best Credit Score

Start by consistently paying all of your bills on time and in full. This is the best thing you can do for your credit score because it accounts for 35%—the biggest factor considered!

You should also order a free copy of your credit report to get an idea of what exactly is bogging down your score. Is there anything on there that’s incorrect or out of date? You might be able to dispute it and have it removed.

In the event you have multiple negative items, you could greatly benefit from talking to a credit repair company to help you clean up your credit history.

Get a Free Credit Consultation

Most companies, like Lexington Law Firm, offer a free consultation so you can ask questions about your specific situation and find out exactly what they can help you with.

Knowledge is power, and finding out your credit score and learning what range you fall in can help you plan the next steps in your financial future.

Never assume the worst-case scenario; there’s no such thing as a lost cause. Everyone, no matter how bad their credit score is, has the potential to improve their financial situation.

It might take a little time and effort, but it’s always doable. Professional credit repair companies that have been in the business for a long time have truly seen it all. Don’t be afraid to give one a call today and find out what you can do to increase your credit score.

Pronto ad aumentare il tuo punteggio di credito?

Chiama per una consulenza gratuita sul credito!

(800) 220-0084Or sign up online>>