: You may face higher interest rates or struggle to qualify for conventional loans , which often require at least a 620 for a mortgage. 2. Identifying Account Numbers
When you pull your credit report, it can feel like looking at a wall of data. Between the three-digit scores and the long strings of account numbers, it’s easy to get overwhelmed. But these "credit report numbers" are the DNA of your financial life, determining everything from your mortgage rate to your ability to rent a great apartment. 1. The Big Three: Your Credit Scores credit-report-numbers
The most famous numbers on your report are your credit scores, which typically range from . : You may face higher interest rates or
: Most lenders view you as a low-risk borrower. Between the three-digit scores and the long strings
: You’ll likely get the best interest rates and easiest approvals.
: Most lenders prefer FICO, but you might see a free VantageScore from services like Credit Karma. The "Magic" Ranges :