The score bands
- 300–579 — Poor. Most approvals are declined or require deposits.
- 580–669 — Fair. Approvals come with high rates and low limits.
- 670–739 — Good. Mainstream approvals begin.
- 740–799 — Very good. Premium rates.
- 800+ — Exceptional. Best terms available.
What bad credit actually costs
Across a mortgage, auto loan, insurance premiums, and business financing, the gap between a 600 and a 740 score can easily exceed six figures over a lifetime. It also blocks the business funding programs that require a clean personal profile to open the first tiers.
The Bottom Line
Every month you wait is money spent on interest you should not be paying. Start your free assessment today.