You are considered the elite of borrowers. You pay your bills on time and pay off your credit cards as soon as possible. You have not missed payment on any bills and have a stable income. Overall, your finances are managed excellently.
Good 660 - 724
You have a clean credit history. However, you may have had a few late payments in the past. You do a good job of paying at least the minimum payment on your credit card but may carry a balance. Overall, you manage your finances well. You may also have a limited credit history.
Fair 560 - 659
You have run into a few issues paying your bills and have missed some payments. You have likely been sent to collections. In the past your credit score was good however the missed payments have impacted your credit score. You may also carry several credit cards with high balances.
Poor 300 – 559
You fall in the worst credit scoring range. You have missed payment consecutively and have likely been sent to collections by multiple vendors. You may be in and out of employment or have recently faced a Bankruptcy or Consumer Proposal.