{ "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [{ "@type": "Question", "name": "What Is an Excellent Credit Score?", "acceptedAnswer": { "@type": "Answer", "text": "

The definition of an excellent credit score may be different depending on who you ask. Every credit card company and lender sets its own credit score criteria. So, the credit score thresholds you need to reach for approval, lower interest rates, and better borrowing terms can vary from one credit grantor to the next.

According to Experian™, a lender might consider your credit score to be excellent or exceptional with numbers like:

" } },{ "@type": "Question", "name": "What Are the Credit Score Ranges?", "acceptedAnswer": { "@type": "Answer", "text": "

Your credit score range can fluctuate from very poor/poor to exceptional/excellent. It all depends on (a) the information on your credit reports and (b) the credit scoring model a lender uses to evaluate those details.

Here are the basic credit score ranges for FICO® Scores and VantageScore® credit scores.

" } },{ "@type": "Question", "name": "Why Is an Excellent Credit Score Important?", "acceptedAnswer": { "@type": "Answer", "text": "

Your credit scores can have a direct impact on your ability to get a mortgage, take out a car loan, and open a credit card account. Credit also plays a role in how much money you can borrow and how much it will cost you to do so.

Having an excellent credit score is important anytime you fill out a new credit application. Yet other entities, aside from new lenders and credit card issuers, may also access your credit scores to reach decisions.

" } },{ "@type": "Question", "name": "Why Do Credit Scores Change?", "acceptedAnswer": { "@type": "Answer", "text": "

Your credit scores are not constant. They behave more like the numbers on your bathroom scale than say a more permanent figure, like your height. As information on your credit reports changes, your credit scores tend to follow suit.

Here’s why your credit scores might differ on a monthly basis:

" } }] }
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Managing Your Credit

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