 TITLE: What Is Tier 1 Credit? CONTENT: What Credit Score Do I Need for Tier 1 Credit?\n----------------------------------------------\nYour credit score is a three-digit number lenders use to help determine your creditworthiness. While most consumers have many credit scores, lenders typically use a version of the FICO® Score☉ or VantageScore® when determining how likely a borrower is to repay debt. These scores range from 300 to 850, with higher numbers meaning better credit.\nSo what credit score do you need to attain that coveted tier 1 status? There's no single answer. Each lender uses its own calculations and level of risk tolerance to decide which borrowers get the best rates. So while you may be a tier 1 borrower with one lender, you may have tier 2 or tier 3 status with another.\nIn FICO's scoring model, scores in the 800 to 850 range are considered exceptional, or best. A given lender, however, may consider scores in the 750 to 850 range as best and categorize those borrowers as tier 1. Another lender might have a completely different range it considers tier 1.\nWhile it may be a slight mystery where you fall on a certain lender's tier scale, working to improve your credit will give you the most chance of reaching tier 1 status. END