
Approval is possible but may come with higher interest rates or larger down payment requirements [23, 25]. Scores in this tier suggest a high risk of default [23].
It is often difficult to secure new credit or qualify for favorable terms in this range [1, 22]. Why These Ranges Matter credit score range
Having a variety of credit types, like credit cards and installment loans [22]. Approval is possible but may come with higher
Approval is possible but may come with higher interest rates or larger down payment requirements [23, 25]. Scores in this tier suggest a high risk of default [23].
It is often difficult to secure new credit or qualify for favorable terms in this range [1, 22]. Why These Ranges Matter
Having a variety of credit types, like credit cards and installment loans [22].