Anything between 0 and 720 is categorised as being ‘Poor’ or ‘Very Poor’, while scores between 721 and 880 are placed in the middle-ground, labelled as ‘Fair’. This means that scores of 881 and above are considered ‘Good’ or ‘Excellent’ credit ratings with Experian. What is a good Experian credit score in the UK?Įxperian’s credit score is calculated between 0 and 999, with users being categorised into groups from ‘Very Poor’ to ‘Excellent’, as is standard with most CRAs. NOTE: There is no ‘magic number’ that will guarantee your approval for credit, so you may want to do a multi-agency credit check before applying in order to get the most accurate representation of your credit status. Here are the maximum credit scores of the three main credit reference agencies in the UK: What is considered a good credit score varies depending on which CRA you get it from, as they all use different methods of measuring and calculating your credit rating, with varying maximum scores and banding systems.įor example, Experian measures your score between 0 and 999, while Equifax has a maximum credit score of 700 this means that what credit scores they consider as ‘good’ will be different. You can either check your credit report directly with the CRA (Experian, for example), or through a third-party credit checking website (such as ClearScore, which uses Equifax as its CRA). These sources are known as credit reference agencies (CRAs) or credit bureaus, which gather information on your credit history from various lenders and then provide it to credit reporting websites. This is because they tend to use different sources. If you check your credit score with multiple credit reporting websites, you might find that the three-digit number you’re given varies considerably between each one. Are credit scores different with every credit checking website? Below, we explain what each credit reference agency considers to be ‘good’ credit rating, what credit score you might need for a mortgage, and where you should go to check your credit score.
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