600 credit history: could it be bad or good?
Your rating drops inside the number of results, from 580 to 669, considered Fair. A 600 FICO ® Score is below the typical credit rating.
Some loan providers see customers with results when you look at the Fair range as having bad credit, and may also decrease their particular credit programs. Other loan providers that specialize in "subprime" financing, are content to do business with customers whoever scores fall into the Fair range, nonetheless they charge reasonably large interest levels and costs.
17% of most consumers have actually FICO ® Scores when you look at the Fair range (580-669)
Roughly 27% of consumers with credit ratings into the Fair range will probably come to be really delinquent in the foreseeable future.
How exactly to enhance your 600 credit history
Think about your FICO ® rating of 600 as a springboard to raised ratings.