In order to find out how lenders view your score, you can find your score on the table below and see what risk category you are in. 

For example, if you are between 650 – 699, then you would be a medium risk, as shown on the graph. 

The 14% refers to the chance that 14% of the people with these credit scores are likely to have serious credit issues in the future.

 

What’s Not Included In Your FICO Score?

It may sound like your credit score includes anything and everything.  However, there are some pieces of information that are never included in your credit score.  Read on to figure out what is not impacting your score. 

However, just because these items are not impacting your credit score, does not mean that they do not matter.  It just means that they are not considered as part of the magic three digit number.  Lenders can choose to look at specific items, such as employment history, as well as your credit score, when deciding whether or not to loan you money.

 

 

Use The FICO Score Simulator:

At www.myfico.com, there is a handy software program that you can use once you have purchased your credit score to help simulate how your score would change if you changed certain items on your credit report.