What is a good credit score?

[jfall]

I ran a credit report for the first time and found my score to be 759. Is this considered good?

 

[ScottFern]

That is an excellent score. You're good.

 

[shocksyde]

depends on where you got the score and what scoring system it uses.

 

[BigJ]

Make sure it's the FICO score and not the new VantageScore and it's fine.

 

[Dracos]

I believe anything over 700 is considered pretty good.

 

[jfall]

I'm Canadian so I'm not sure if it's the same as the US scoring system. I got the report from Trans Union

 

[BigJ]

Originally posted by: jfall
I'm Canadian so I'm not sure if it's the same as the US scoring system. I got the report from Trans Union

Then it's not as good. Your range goes up to 900, while the US range only goes up to 850.

 

[jfall]

Originally posted by: BigJ

Originally posted by: jfall
I'm Canadian so I'm not sure if it's the same as the US scoring system. I got the report from Trans Union

Then it's not as good. Your range goes up to 900, while the US range only goes up to 850.

Ah, so it is different in Canada. But 759/900 should still be considered good I would hope? It says "Your credit ranks higher than 52.62% of the Canadian population"

 

[shocksyde]

I'd say as long as you're in the top 50% you're ok.

 

[DT4K]

Originally posted by: jfall

Originally posted by: BigJ

Originally posted by: jfall
I'm Canadian so I'm not sure if it's the same as the US scoring system. I got the report from Trans Union

Then it's not as good. Your range goes up to 900, while the US range only goes up to 850.

Ah, so it is different in Canada. But 759/900 should still be considered good I would hope? It says "Your credit ranks higher than 52.62% of the Canadian population"

Well there's your answer. You are almost exactly AVERAGE.

I don't know if it's different in Canada, but in the U.S., Transunion doesn't give you a real FICO. Instead, they give you their own proprietary score, which could be close to your FICO, or could be very far away from your FICO.

About the only place that you can buy your real FICO score in the U.S. is www.myfico.com. Transunion, Experian, etc. will all be happy to sell you a score, but it's usually meaningless.

 

[jfall]

Does anyone know where I can get a real FICO score? Does such a thing even exist in Canada?

 

[jupiter57]

At ATOT, a good credit score = a big e-penis.

Funny thing though, 90% here make over $100K/Yr., yet they all seem to be overly concerned about their credit score.
And Ramen recipes.

 

[DT4K]

Originally posted by: jfall
Does anyone know where I can get a real FICO score? Does such a thing even exist in Canada?

Equifax says you can order a report from them with a real FICO score.
https://www.econsumer.equifax.ca/ca/main?lang=en

 

[halik]

750+ is great

 

[halik]

Originally posted by: jupiter57
At ATOT, a good credit score = a big e-penis.

Funny thing though, 90% here make over $100K/Yr., yet they all seem to be overly concerned about their credit score.
And Ramen recipes.

i would hope that people making 6figs are actually concerned about their credit score...