Your Credit Score

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Your financial life represented in one number

A credit score (aka: FICO score) ranges from 300 to 850. It’s a number that rates your risk to a lender and it indicates how likely you are to:

  • Pay your bills on time
  • Pay your debts as agreed
  • File bankruptcy

Do you know what your credit score is?

If not, let’s find out, shall we? Everyone gets a free copy of their credit report each year. Go here to do it. You can pay a small fee to have your score added to the report.

What does your credit score mean to lenders?

  • 720 to 850+ – “A+” – Low Risk
  • 680 to 719 – “A” – Low to Medium Risk
  • 640 to 679 – “B” – Medium Risk
  • 580 to 639 – “C” – Medium to High Risk
  • 579 and below — “D” – High Risk

Why should you care about your credit score?

“Those who are ‘A’ credit versus those who are ‘D’ credit will pay approximately $250,000 less in interest throughout their borrowing lifetime.” ~Paul Strassels, Author of “Credit When Credit is Due”

Ouch, right? Kind of hard to argue with that little nugget.

How is a credit score calculated?

There are a ton of things that factor in to a credit score. Go to for a great breakdown.

For more great information about credit scores, check out

No matter what your credit score is today, you can always improve it.