credit score

[sammmo]

my credit score is 72 is that good or bad?

[harryt]

Well mine is 748 and I have never had problem getting credit.
I think the higher it is the better it is.
Have you missed payments/defaulted on anything?

[Ethel]

72 is very poor.

The range is usually up to 1000, with 1000 being excellent.

[Oneeyedvic]

It very much depends on the company who gave you the score.

At the moment the question is like saying: I scored 3 goals in a football match - will my team win.

The previous answers above refer to a score out of 1000, however, some credit scores can be out of 100 - so yours would be okay.

Every company uses a different credit scoring system and this also changes on a monthly basis - so literally you can pass the credit score one month, but fail the following month.

[genthon]

How do I find out what my credit rating is? I have applied for a credit report from Experian

[Oneeyedvic]

Experian can supply you with 'a' credit rating, but this is only a general guide.

Every company actually gives you there own version - very sophisticated programming that not only takes into account your own situation but also looks at your industry sector and even looks at the different weightings of their own business.

[sammmo]

thanks all.... oneeyedvic was quite right I have found out that the company use a score of 0 to 100 and 72 is very good.. it would help if the companies would print this information along with the score but thats to simple is'nt it