A clean record of payments, diverse types of credit lines, and long-standing accounts all add up to a positive credit report. This will reflect in your three-digit credit score, ranging between 300 and 850, which is the most common focal point for consumers who want to know about their credit. The median credit score in the U.S. Is 732; anything below 620 is considered a dangerous risk for creditors, and scores above 770 indicate that you have done almost no wrong.

 

Since different creditors and lenders will take other conditions into account, such as your income, assets and current debts you hold, there is no absolute when it comes to having good credit. You are in control of your credit. Adhere to sound financial habits and do everything you can to eke out a few more points on your credit score.