550 Credit Score: Is it Good or Bad?
Your score falls within the range of scores, from 300 to 579, considered Very Poor.
A 550 FICO® Score is significantly below the average credit score.
Is a 560 credit score good?
FICO credit scores range from 300 – 850. Anything under 560 is considered very bad while below 650 is bad. A score of 650 is considered fair and will qualify you for some loans. A score of 700 – 750 is good and will be enough to get all but the best deals.
Photo in the article by “Wikipedia”