Credit Score Guidelines and Quick Reference Credit Scoring Guide:

Excellent Credit Guidelines
Estimated FICO credit score range is 680 and above
Five years or more of credit history with at least five trade lines
Minimum of 36 month payment history
One of the 5 trades must be prior auto paid satisfactory
Credit history reflects various credit card and installment loan trade lines
Low credit card usage is evident
Homeowner for  a minimum of 24 months
No Past due payment history is evident
Current employment minimum 12 months with 36 month history
Residence history minimum 12 months with 36 month history
Minimal credit inquiries

Good Credit Guidelines
Estimated FICO credit score range is 620 through 679
Three and five years credit history with at least 3 trade lines
Minimum of 12 month payment history
One trade must have a high credit amount of $7,500 installment paid satisfactory
Credit history reflects various credit card and installment loan trade lines
Low credit card usage is evident
Homeowner for at least 12 months
Past history must reflect payments made on time
No current delinquent accounts.
Current employment minimum 12 months with 36 month history
Residence history minimum 12 months with 36 month history
Minimal credit inquiries
No repossessions
Bankruptcy acceptable if discharged 24 months with positive re-established credit

Fair Credit Guidelines
Estimated FICO credit score range is 560 through 619
Less than three years of credit history is acceptable with a minimum of least 3 trade lines
Each trade line having a minimum of 12 month payment history
One trade line must have a high credit amount of $2,500 installments paid satisfactory
Moderate credit card usage is evident
Homeowner is preferred
General credit history reflects some accounts have been past due in the last 24 months
Current credit history shows accounts paid as agreed
Auto loan or car credit history current for last 9 months
Current employment for 6 months with a maximum of 2 jobs in last 12 months 36 month history Residence history minimum 12 months with a maximum of 2 in last 12 months 36 month history
Bankruptcy acceptable if discharged 12 months with positive re-established credit
Credit inquiries above minimal

Poor Credit Guidelines
Estimated FICO credit score range from 520 through 559
Less than three years of credit history may be reflected
Heavy usage of credit card lines may be evident
General credit history may reflect delinquency over extended period of time on more than one account
Credit history may show several collection accounts
Recent bankruptcy discharged acceptable
Based on overall credit and application profile
No re-establish credit necessary
Numerous credit inquiries within last 12 months

First Time Buyer
Estimated FICO credit score could range from 550 to 700 with no real reporting value
No previous auto loan or car credit history
Minimum credit profile

No Credit
No numerical credit score available from the reporting agencies

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