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.
Checking Your Credit With Experian
Without a doubt, Experian offers the easiest and best way to check you FICO credit score.
Millions of people use Experian to not only see their real-time credit score, but also see the ways in which they can improve it.
It won’t impact your credit to check your score with Experian, since only a “soft” pull is done. Experian offers the most accurate method of obtaining your credit score, since most major credit card companies use Experian’s data and ratings.
- Checking your own credit NOT lower your Score
- 90% of top lenders use FICO® Scores
- Everyday access to your credit report
- Personalized support to improve your score
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% |