FICO Score APR Monthly Payment
760-850 4.643% $1,546
700-759 4.865% $1,586
680-699 5.042% $1,618
660-679 5.256% $1,658
640-659 5.686% $1,739
620-639 6.232% $1,844
•Payment history (35 percent)
•Amounts owed (30 percent)
•Length of credit history (15 percent)
•New credit (10 percent)
•Types of credit used (10 percent)
The three major national credit reporting companies (CRCs) are: Equifax, Experian and TransUnion. These firms collect information about your borrowing and repayment behavior from lenders and businesses that have extended credit to you. This information is compiled into a credit report. You can obtain a copy of your credit report from each of the three companies for a fee. You are also entitled to a free copy within 60 days of being denied credit from the CRC that supplied the lender with your report.
Consumers can obtain a free copy of their credit reports once a year from each of the three national credit reporting companies at annualcreditreport.com or by calling 1-877-322-8228.
Several organizations within the federal government make information available about credit reports and credit scores, including the following: