Equifax Beacon Scores

Discussion in 'Credit Talk' started by steve, May 14, 2001.

  1. steve

    steve Well-Known Member

    Hi all, I heard that if you have a score below 700 you are considered "below average" and if you have a score around 725 you are considered "average"
    How can that be? I thought 700 was a good score and that a score of 720 is considered AA credit. A score of 720 should get you most Platinum cards, good loan rates (mortgages, auto) so how come this is considered average?
  2. G. Fisher

    G. Fisher Banned

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