A) Excellent - Profile:
Has established substantial credit history with existing or past credit cards, auto loans, or mortgage. Almost universally, pays bills on time - every time. Maximum one late payment reported to a credit bureau within the last 7 years. Does not have an exceptionally large dollar amount of unsecured open credit available. Has not reported to a collection agency within the last 10 years.
B) Good - Profile:
Has some credit history with existing credit cards, auto loans, or mortgage. Usually pays bills on time but has had a little bit of trouble making payments on occasion. Two or three late payments reported to a credit bureau within the last 7 years. No bankruptcies, liens or judgments within the last 7 to 10 years. Has not been reported to a collection agency within the last 10 years.
C) Fair - Profile:
Over 18 years old with a history of several outstanding delinquencies OR history of late payments consistently 60 days or more over due.
D) Poor - Profile:
Over 18 years old with no credit history OR a history of bankruptcies, liens, or judgments against credit within the last 10 years OR has been reported to a collection agency within the last 10 years.