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Experian Credit Score Explained by natali lk





Article Author Biography
Experian Credit Score Explained by
Article Posted: 11/12/2013
Article Views: 755
Articles Written: 11
Word Count: 222
Article Votes: 0
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Experian Credit Score Explained


 
Web Traffic,Website Design,Website Promotion
Your Experian websites is a guide for lenders, and is purely based on the content of your Experian credit report, which details your recent borrowing history to try to work out if you can handle more debt. Experian Credit Rating Bands The Experian websites can change depending on how the contents of your Experian Credit Report change. Below are what each band can indicate according to Experian's Credit Expert service, websites section: 0-560 = Very Poor Most lenders would regard this score as very high risk and would expect most people in this category to have serious problems with repaying debt 561-720 = Poor Most lenders would view this score as high risk and would expect a high proportion of people in this category to have serious problems with repaying funds 721-880 = Fair Most lenders would regard this score as moderate risk and would expect only a small proportion of people in this category to experience serious problems with repaying credit. 881-960 = Good Most lenders would view this score as low risk and would expect few people in this category to experience serious problems with repaying credit. 961-999 - Excellent Most lenders would regard this score as very low risk and would expect very few people in this category to experience serious problems with repaying credit.


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