"What Is the Highest Credit Score? Be More Prepared Than the Average Person by Learning How Your Score Compares to the FICO and VantageScore Scales!"

Asking yourself whether you have a good credit score? Wondering how it compares to the high end of the credit score scale? Maybe you want to shoot for the stars and try getting the highest possible score? This article will answer your questions and more.

What Is the Highest Credit Score?

There are two credit score scales out there. The most popular is the FICO Score, which ranges from 300 to 850. The other credit score, VantageScore (now in version 2.0), is from 501 to 990.

Why Are There Two Credit Scores?

Well, the FICO credit score was the original score created by the Fair Isaac Corporation. This score is the most commonly used. But the three credit reporting companies (Equifax, Experian, and TransUnion) now known as VantageScore 2.0. They figured they could come up with a formula that would fit with today's credit trends better.

Will All the Scores Match?

Nope. The FICO and VantageScore will obviously not match because they use different formulas and different scales. BUT the VantageScore will ALSO DIFFER depending on where you get your score too. This is because, though they use the same formula, the data each credit report company has on you may be different.

Which Credit Score Should I Use?

Unless you just want to know for your own curiosity, which is a smart thing to do at least every 6 months, then it really depends on your lender. Each lender has their own preference for which score they'll use to decide on whether or not to approve your loan.

What's A Good Credit Score?

Here is the general scale for the FICO Score and VantageScore. Notice how the FICO Score Scale has four levels, while VantageScore has five.

FICO Score Scale VantageScore Scale
Above 720 : Excellent 901 - 990 : Grade A
660 to 720 : Good 801 - 900 : Grade B
600 to 659 : Fair 701 - 800 : Grade C
Below 600 : Poor 601 - 700 : Grade D
  501 - 600 : Grade F

Unfortunately, even if you fall into the "Good" or above range, you can still get denied for a loan by the lender. It's rare, but they can deny you a loan if your credit history isn't long enough or if they simply require a higher score. This is why you should get your credit score before seeing a lender. You can save a lot of time by immediately asking whether they would consider giving you a loan based on the score you retrieved. Of course, they'll still want to pull your score themselves, but at least you'll get a ballpark idea of what your chances are.

How Can You Get The Highest Credit Score?

Honestly, it's almost impossible to get the highest credit score. If it makes you feel any better, it's just as impossible to get the lowest score too. Your best chances of getting a perfect score (just to name a few) would need you to be at least 40 years old, without any late payments, a perfect mix of credit types, and only using a small portion of the credit line you've already been approved for.


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