Significant risk; likely to face rejections or high subprime interest rates. How Your Score is Calculated
A credit score is a three-digit number representing your creditworthiness, helping lenders decide whether to approve you for loans, credit cards, or mortgages. Higher scores typically lead to better interest rates and more financial opportunities. my credit score
Near or slightly above average; considered a "low-risk" borrower. Significant risk; likely to face rejections or high
Well above average; qualifies for the lowest interest rates. my credit score
Banner Bank and Charles Pokladnik of Ameriprise Financial break down the five primary factors that influence a FICO score: