What is a good credit score range?

This is a simple question with a not-so-simple answer. Here’s why: there isn’t just one credit score. Different companies produce different credit scores for different purposes. What’s more, different credit scores can have different ranges.

There’s also the question of how credit scores are used. Different lenders may use any score or scores they’d like, or none at all. What looks like a good credit score range to one lender may not look like a good credit score range to another. And a good range may depend on other aspects of a credit applicant’s financial situation.

Okay, what about TransUnion’s credit score? Currently, we use the VantageScore 3.0 scoring model, which ranges from a low score of 300 to a high of 850. Though there are no magic numbers within that range, VantageScore does provide some very general guidance in the form of letter grades. Currently, an “A” grade ranges between 781 and 850. A “B” grade ranges from 720 to 780 and a “C” grade ranges from a 658 to a 719.

Bottom line, though, is that a good credit score range doesn’t come down to specific numbers, but to a range most likely to be looked upon favorably by lenders evaluating credit applications.