BETTER BEACON BREAKDOWN CHART

Discussion in 'Credit Talk' started by DELETED, Mar 20, 2001.

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    EQUIFAX BEACON VALIDATION ODDS SUMMARY General Application/ All Industries

    BEACON Range Statistical Percentage
    <500 65.5%
    550-599 49.0%
    600-609 37.6%
    610-619 35.0%
    620-629 31.5%
    630-639 27.6%
    640-649 24.8%
    650-659 20.7%
    660-669 16.9%
    670-679 14.5%
    680-689 11.8%
    690-699 9.7%
    700-709 7.7%
    710-719 6.4%
    720-729 5.3%
    730-739 3.9%
    740-749 3.2%
    750-759 2.4%
    760-769 2.1%
    770-779 1.9%
    780-789 1.4%
    790-799 1.0%
    800> 0.9%

    Statistical Percentage shows the percentage of the general population falling within this Beacon score range, who are likely to go 90 ormore days past due in general applications within the next 24 months.

    The higher the Beacon score, the better the rating. The lower the Beacon score, the poorer the rating. Below each Beacon score will follow written comments explaining the reason for the rating to be given.
     

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