Check Your Credit Score

The FICO beacon score is the most used scale in the world of credit and finance to measure the risk of a borrower when it comes for financial institution to attribute a loan or a credit card. It is also used on company owners to evaluate the credit risk of small and middle size companies; if the shareholders make their personal payments on time, there is a stronger chance they will manage their commercial accounts the same way.

The beacon score ranges between 300 and 850, the higher it is, the better is your credit score and consequently, the higher are your chance to be accepted for a loan or credit card. It goes the same with interest rates; the higher is your score, the lower your interest rate will be on your loan, and vice versa. Below you will find a free, no strings attached, online questionnaire that will help you identifying what category of borrower you are. This quizz constitutes a simulation and presents an estimation based on your answers, however, it will not reveal your real-life, actual score.

Please change the suggested values with your own in the blue text boxes.

Help with our calculators

 

Our financial calculators start with default values to suggest what to enter typically in each modifiable field, displayed as blue text boxes, in order to simulate a common scenario. Please change those values with your own. To keep track of your changes, the blue box will turn gray after they are modified.

You will also notice that our calculators behave like financial applications and recalculate automatically all values with each change instead of having to click on some extra button or going to a new result page, this is intentional and helps understand the effect of one change with the overall result in a more dynamic and instantaneous manner.

However, charts are not updated automatically, so if a calculator contains charts to help visualize the data, make sure to click on the "Update" button next to the chart after you make a change before you analyze it.

Answer these questions to find out about your Beacon FICO credit score

1.

What is the age of your oldest credit card or loan?

year(s) (max 50)

2.

How many times have you applied for credit in the passed six months?

credit applications (max 10)

3. a)

What is the total limit of all your credit cards and lines of credit added together?  Example: You have one credit card with a limit of 5 000$ and one line of credit with a limit of 3,000$, then your total is 8 000$

(min 500)

3. b)

What is the total balance of all your credit cards and lines of credit added together?  Example: You have one credit card with a balance of 5 000$ and one line of credit with a balance of 3 000$, then your total is 8 000$

4. a)

How many trade lines (accounts opened and closed) do you have listed on your credit bureau?

trades (max 30)

4. b)

How many of them have recorded late payments of at least 30 days or more in the past seven years?

late payments

4. c)

What is the worst derogatory you've made on any of your trade lines over the past seven years?

No delinquencies Late payments of more than 30 days Late payments of more than 60 days Late payments of more than 90 days Late payments of more than 120 days Write-off, repossession

4. d)

What is the worst derogatory you made on any of your trade lines in the past 12 months?

No delinquencies Less than 30 days Late payments of more than 30 days Late payments of more than 60 days Late payments of more than 90 days Late payments of more than 120 days Write-off, repossession

5.

How many public records (collections, judgments, bankruptcies) have you had over the past seven years ?

public records (max 20)

6. a)

How many minor derogatories (30 and 60 day late payments) do you have on your credit report?  A late payment of 89 days is considered as a late payment of 60 days

minor derogatory(ies) (max 10)

6. b)

How many months has it been since your most recent minor derogatory:

No deragotories Less than 1 month 1 month ago 10 months ago 20 months ago 30 months ago 45 months ago 60 months ago or more

6. c)

How many major derogatories (90 day late payment and more, collections, charge-offs, repossessions, bankrupcies) do you have on your credit report?

major derogatory(ies) (max 10)

6. d)

How many months has it been since your most recent major derogatory was reported:

No deragotories Less than 1 month 1 month ago 10 months ago 20 months ago 30 months ago 45 months ago 60 months ago or more