Highest credit score range12/31/2023 ![]() Your individual credit score will usually sit somewhere on a scale of zero to 1,000 or zero to 1,200, depending on which credit reporting agency you go through. This report shows a detailed record of your history as a borrower and includes information such as how much you have borrowed in the past and whether you have paid the money back on time, as well as the details of any credit card or loan applications you’ve made recently. Your credit score is calculated based on the information in your credit report. What is a credit score?Ĭredit providers, such as banks and credit card providers, are required to pass on certain information about your financial behaviour to credit reporting agencies. But how do you know if you have a good credit score? And what if your score is currently low and you want to increase it? We explore these questions below. If you have a good credit score, this signals that lending you money is likely to be less of a risk. Your credit score gives banks and other lenders a general picture of how reliable you are as a borrower. → You can check your credit score for free ![]() ![]() However, whether or not it’s a ‘good’ credit score depends on what you need to use it for, what credit product you hope to take on, and via which financial institution you are applying for credit. Different credit reporting agencies use different scales for their credit scores:
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