How to determine if your credit score is good?

The Beacon Score varies between 300 and 900.
300 is the lowest score and 900 the highest one. The Higher is the score, better is.

  • A credit score between 300 and 560 is considered as low.
  • A credit score between 560 and 650 will be considered as medium score.
  • From 660 to 725 is considered as good.
  • From 725 to 760 is a very good score.
  • From 760 to 900 is excellent.

However, the credit score is not the only thing that will be taken in account. It is a global score about your financial behaviour, but the bank will check your credit record.