How Can I Tell If My Credit Is
Good or Bad?

The higher your credit score, the better your credit.

How to tell a good score from a bad score is not as black and white as it might seem.  Different lenders may view your score differently.

The top 20% of people using credit have scores of 780 and above. The lowest 20% have scores under 620. The majority falls somewhere in between.

Your score will affect your ability to get credit and the interest you will pay for it.

There's no one "score cutoff" used by all lenders telling them to deny or approve a loan. So it's hard to say whether your score is a good one or a bad one. Each lending situation is different. For example, a FICO® score of 750 may qualify you for a Platinum VISA credit card from one bank, whereas a score of 675 may indicate you're a better match for a standard card from the ABC bank.

In general, if your score is low, then you are seen as statistically more likely to become delinquent on a loan. So the higher your score, the better.