Here's a look at credit scores among the US population
Up to 499: 1%
500 - 549: 5%
550 - 599: 7%
600 - 649: 11%
650 - 699: 16%
700 - 749: 20%
750 - 799: 29%
Over 800: 11%
Credit scores (usually) range from 340 to 850. The higher your score, the less risk a lender believes you will be. As your score climbs, the interest rate you are offered will probably decline.
Excellent - 750 - 850
Good 660 - 749
Fair 620 - 659
Poor 350 - 619
Whats Your Credit Score
You pay your bills on time and figure your in good standing when you apply for a loan, without knowing your actual credit score you could be accepting terms at a higher rate as your report card may show error that needs to be removed.
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