Credit scores are important. However, not many people know what qualifies as02_CS_TABLE_-_Instead_of_Basic_credit_score_differences_-_UPDATED_02-11 having a good credit score or a bad one. Below are the different credit score ranges and what they mean. We’ll also provide you with advice and tips on how to improve your credit score.

A Score Of 720 To 850 Is Excellent
If you have a credit score that falls within this range, then you have an excellent score. This means you are consistently responsible when it comes to making payments on loans you have taken out. There are many advantages of having an excellent credit score, such as being able to get low-interest rates on loans and you’ll have an easier time getting approved for lines of credit, mortgages and other types of loans. This is because you’re considered to be at low risk for not paying your bills.

A Score Of 690 To 720 Is Good
A good credit score is between 690 and 720. It means you are usually financially responsible and the majority of your payments have been made on time. These payments include credit cards, loans, rental and utility payments. Having a good credit score can still have a positive impact on your everyday life.

A Problem Credit Score Falls Between 650 And 690
If you have a credit score that falls between 650 and 690, then you have a problematic credit score. It indicates you have a poor credit history. If you have a score that falls within this range, you probably have numerous late payments to multiple lenders. You might even have a loan default on your credit report. Those with problematic credit scores will likely be refused lines of credit and loans because they are considered to be too much of a risk.

A Poor Credit Score Falls Between 350 And 650
You have a badly damaged credit history if you have a credit score that falls between 350 and 650. You probably owe several lenders money and you might have even filed for bankruptcy. If you need, this will stay on your credit report for over five years. You will definitely want to take steps to improve your score if you have poor credit, or else you will have a very hard time getting approved for new lines of credit, a mortgage, a car loan and anything else that requires you to have decent credit.

A Score Of 0 To 349 Means No Credit
If you have a score that falls between this number, then you probably don’t have credit. This isn’t necessarily bad, but you will want to establish credit and be responsible when it comes to repaying your loans and lines of credit.

Tips For Improving Your Score
If you have no credit, then start off by applying for a small loan or a credit card with a small line of credit. Pay your credit card off and stay on top of your loan payments. Eventually, you will start building credit.

You’ll want to take drastic steps and put in the solid effort if you have bad credit. One of the things you can do is visit the Credit Secret website, which is where you’ll find the book Credit Secrets. This book was written by a real couple who were faced with the reality of having bad credit. However, they took steps to improve their credit score and they did it. You will learn a lot of things you didn’t know about, which will help you improve your own credit score.

Other than ordering Credit Secrets from the Credit Secret website, you can start paying your bills on time. This is easier said than done, but it is important. If you have fallen late on all your payments and continue to pay late, then choose one or two bills you can pay on time and make sure you start paying them on schedule. Another thing you can do is consolidate your debt, which will allow you to make one payment towards the debt that has been consolidated. If you don’t know how to consolidate your debt, then contact a credit repair agency because they will tell you whether or not you can do this.

If possible, apply for a small line of credit and pay it right back. Keep your credit card balances as low as possible too. You might be surprised at how much your credit score will improve when you do this.

We highly recommend visiting Credit Secret website. Credit Secrets will provide you with the motivation, determination, and advice you need to finally improve your credit score. Do not let a poor credit score deter you from living life to the fullest. Order Credit Secrets today.