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Frequently asked question about credit scoring



What is the highest score I can have?

Credit scores generally range between 350 and 850. Most lenders refer to this as your fico score.

Who determines my score?

Your credit score is compiled by different institutions and is generally a reflection of your credit history as reported to experian, equifax and transunion

What effects my credit score?

Your credit score is calculated using a modeling method. Your score is determined by your payment history, account status, available credit versus your present balances and any derogatory or public records such as a bankrupcy or judgement. Your score may also be impacted by the number of credit inquiries you have over a period of time.

Can I improve my credit score?

Yes! You may be able to improve your score by paying down on revolving accounts, establishing a payment history and making timely payments.

What is the average score?

Recent studies indicate 676 is the average

How do I get a free copy of my credit report?

Visit annualcreditreport.com

Who are the main credit bureaus?


P.O. Box 740241

Atlanta, GA 30374-0241




P.O. Box 390

Springfield, PA 19064-0390




P.O. Box 949

Allen, TX 75013-0949