Is 550 a good VantageScore credit score?

Do you have a VantageScore credit score of 550 and want to know if it is any good? You're in the right place! Here we will explain what a 550 VantageScore credit score means and if a 550 VantageScore is any good.

The VantageScore credit score may influence your loan or credit applications because it is an indication of your ability to pay your debt.

The VantageScore credit scores range from 300 to 850. Here is where your 550 VantageScore credit score fits into that range:

Here is a key to help you understand what each color of our VantageScore illustration represents. As you can see, a VantageScore credit score of 550 falls in the poor category.

Very Poor: 300 - 499
Poor: 500 - 600
Fair: 601 - 660
Good: 661 - 780
Very Good: 781 - 850

Like we stated above, your VantageScore credit score is poor. This means that you may not be able to get a favorable response to a loan or credit application.

It is important to note that this is our interpretation of a VantageScore credit score of 550. Different banks and financial institutions may interpret your Vantagescore credit score of 550 differently.

Good VantageScore Credit Score?
Use the tool below to get information about another VantageScore credit score!

Is 551 a good VantageScore credit score?
Here is another VantageScore credit score that we have interpreted for you.