Your credit score is a three-digit number that has a strong influence on your financial life. It can influence how much interest you’ll have to pay on loans and credit cards, or whether you’ll be able to get them at all. It could also influence the kind of home or car you’ll be able to buy.

FICO® Scores generally range from 300 to 850. They’re calculated with algorithms created by the Fair Isaac Corp., which is why they’re called FICO® Credit Scores.1

Generally, people with a good credit score have a long history of making their credit card and other loan payments on time. Payment history typically makes up 35% of the total calculation. Amounts owed typically makes up about 30%. Other considerations are length of credit history, about 15%; credit mix (having accounts such as mortgages, loans and credit cards), about 10%; and new credit (or credit inquiries received from new creditors) about 10%.1

The data in your credit report directly affects our FICO® Score and it’s a good idea to check your credit report once per year through the free resource, AnnualCreditReport.com. Similarly, if you have signed up for a service to check your credit score or you are provided your score by a lender, for example, you’ll know where you stand. And when you know more about your score, you can find out where you fall on this credit score chart.

 

credit score chart

Sources

FICO® Credit Score Terms: Your FICO® Credit Score, key factors and other credit information are based on data from TransUnion® and may be different from other credit scores and other credit information provided by different bureaus. This information is intended for and only provided to Primary account holders who have an available score. See Discover.com/FICO about the availability of your score. Your score, key factors and other credit information are available on Discover.com and cardmembers are also provided a score on statements. Customers will see up to a year of recent scores online. Discover and other lenders may use different inputs, such as FICO® Credit Scores, other credit scores and more information in credit decisions. This benefit may change or end in the future. FICO is a registered trademark of the Fair Isaac Corporation in the United States and other countries.

If you prefer not to receive your FICO® Credit Score just call us at 1-800-DISCOVER (1-800-347-2683). Please give us two billing cycles to process your request. To learn more, visit Discover.com/FICO.

Legal Disclaimer: This site is for educational purposes and is not a substitute for professional advice. The material on this site is not intended to provide legal, investment, or financial advice and does not indicate the availability of any Discover product or service. It does not guarantee that Discover offers or endorses a product or service. For specific advice about your unique circumstances, you may wish to consult a qualified professional.