Want to Know Where You Really Stand?
Analyzer is a phenomenal tool. It grades each of these credit score sub-components in your credit report with grades A through D- similar to a school report card. "A" means you are meeting your maximum level with a particular credit score component. Any less than an “A” and that certain factor is lowering your credit scores.
- "A" or "A-" is considered an excellent rating.
- "B+", "B", "B-" signify acceptable grades with room for improvement.
- "C+", "C", "C-" identifies areas of serious concerns.
- "D+", "D" "D-" indicates substantial concerns.
Any issue in your credit report with a “C” or a “D” grade is cause for serious concern. Despite having a 700 credit score, most consumers will probably still have some serious concerns in their report that are graded in the "C"s. Slight concerns with "B" grades are usually acceptable. But, there is additional room for improvement.
Each sub-factor also has a pop-up tab that helps you understand the issue with each underlying component. Place your mouse on top of the balloon and a pop-up window will provide a detailed explanation of each sub-factor. This can help you attain a much greater understanding of these sub-components that are so vital in determining your lenders credit scores.
Some issues you can address immediately while others may take some time.