Within the typical credit score range, what is the minimum possible score?

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Multiple Choice

Within the typical credit score range, what is the minimum possible score?

Explanation:
Credit scores used by lenders in the typical models run from 300 up to 850, so the lowest possible score is 300. A score at that floor indicates very high risk to lenders, and it’s rarely approved for loans or comes with the highest interest unless there are compensating factors. Numbers like 0 or 100 aren’t part of the standard scoring scales, and 600 sits well above the minimum, representing a much lower risk.

Credit scores used by lenders in the typical models run from 300 up to 850, so the lowest possible score is 300. A score at that floor indicates very high risk to lenders, and it’s rarely approved for loans or comes with the highest interest unless there are compensating factors. Numbers like 0 or 100 aren’t part of the standard scoring scales, and 600 sits well above the minimum, representing a much lower risk.

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