Transunion Credit Score Range

Transunion credit score range

The Credit score range exists in part so that lenders can decide whether or not to give you a loan or credit card and at what interest rate.They will look at your credit history to assess whether you pay your bills on time and to see how much you earn and your debt to income ratio.Your free transunion credit report shows them if you own a home and for how long, where you work and how long you've worked there. If a lender considers a factor important you may be awarded points for those factors and your score increases.

The transunion score range is not the only one you need to be aware of.There is also the equifax and experian credit score range. They are all based on the same range and the average score of ALL three is considered to be your actual credit score

The transunion Credit score range is between 300 and 850

300 - 499 -- Bad Credit

500 - 580 -- Poor Credit

580 - 619 -- Low Credit

620 - 679 -- Okay or Average Credit

680 - 699 -- Good Credit

700 - 850 -- Excellent or Very Good Credit

Credit Score Range explained

Why is a good transunion credit score important?

A Good credit score is seen as sign of your credit worthiness and as such the higher your credit score range the more likely you are to have a loan application accepted and your interest rates will be lower than someone with poor credit. Having a poor credit score could cause you to receive an APR that is a couple of points higher than the prime rate, which will cost you a lot more money over the life of your loan. Many people do not even know their credit score or what the transunion credit score range is.Keeping a close eye on your your FICO credit score and credit report should be high on your priorities as part of your annual financial routine.You should constantly take steps to improve your credit score.Letting your credit slide can prove costly and is a long process to come back from.


Free Transunion Credit Report

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Get your transunion, equifax and Experian free credit reports

Ensure there are no mistakess in your reports such as claims of outstanding payments that have been paid. Make sure your personal details are precisely documented. Correct spelling of your name and address etc etc. If you find any errors contact the agency to correct them immediately.

If you have late payments showing start making payments.Get in touch with the creditors of the loans in question work with them to establish an acceptable payment strategy and ask them to remove you from the report.


If you feel you are not making any headway or it things are beyond your control consult with a financial expert.

As you improve your credit status, keep your financial transactions clean and up to date. No late payments and no overdrawn accounts.

Now you know the transunion credit score range and where to get your credit scores from all three agencies so get to work on improving your credit today.