How to Check Your Credit Score

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Staying on top of your credit score is one of the most simple yet important things you can do to take control of your personal finances.

Having a high credit score will make it easier to buy a house, qualify for lower interest rate credit cards, and ensure lenders that you’re trustworthy. Bottom line, you want a high credit score.

The problem is, most people don’t know what their credit score is. Here’s a quick guide on the easiest way to find your credit score in 2019.

Why Do I Need a High Score?

Even if you don’t plan on purchasing a home with a mortgage or buying a car with financing, striving for a solid credit score is always a sound financial decision.

Nowadays, many apartment buildings and landlords require a credit check before leasing units to new tenants. If your credit score is too low, you may not be eligible to rent an apartment when you need to.

What is a Good Credit Score?

Anything above 670 is considered good. The highest credit score you can possibly have is 850. This is considered a perfect score.

What is a Bad Credit Score?

Anything below 580 is dangerous. Once your score falls into this category, you’ll have a tougher time qualifying for credit cards and obtaining loans.

Credit Score Ranges

Credit Score Credit Score % of People
300-579 Very Poor 17%
580-669 Fair 20.2%
670-739 Good 21.5%
740-799 Very Good 18.2%
800-850 Exceptional 19.9%
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