517 Credit Score - Good or Bad? (2018 Update)

517 Credit Score


Your Credit Score.


Helping you understand it.


517 Credit Score - Is it Good or Bad?


517 is a Very Poor Credit Score!

Any credit score in the 350-550 range is generally considered “Very Poor”.

  • Excellent Credit: 750 - 850
  • Good Credit: 700 - 749
  • Fair Credit: 650 - 699
  • Poor Credit: 550 - 649
  • Very Poor: 549 and below ← You Are Here

With a "Very Poor" credit score, most lenders or insurers will likely deny your application, based on your score. Without a co-signer or large down payment, it will be difficult to obtain credit with a score in this range. If you are approved for credit, it will likely be a high interest loan/credit line.


Related: How I improved my credit score by 111 points


You Probably Got a "FAKE" Credit Score 578






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How Does a 517 Credit Score Rate?


What does "Very Poor Credit" mean to you?

With very poor credit, most lenders and insurers will likely deny your application based on your score. There are some lenders who will approve "bad credit" borrowers, but without a co-signer or a large down payment, these loan offers (if you can get approved in the first place) will surely come with high interest rates, or high premiums if you're seeking insurance.

There are many factors which can contribute to a "very poor" credit score. Usually it's a combination of things, such as late payments, collections, repo, bankruptcy or high balances on your credit cards. Applying for too much credit too fast can also drag down your credit score (remember, apply for new credit only when you need it).

Don't Fret, Improve!

There is a bright side to all this, there's plenty of room for improvement! It's likely to take at least a couple of years, but you can definitely improve your score with a little know-how. Be sure to check out my tips on improving your credit score.

How Is A Credit Score Calculated?



Different Credit Score Range Scales



  • FICO Score: 300-850
  • VantageScore 3.0: 300–850
  • VantageScore (versions 1.0 and 2.0): 501–990
  • PLUS Score: 330-830
  • TransRisk Score: 100-900
  • Equifax Credit Score: 280–850

As you can see, having a 517 TransRisk score isn't nearly the same as a 517 FICO score. For that reason, it's also important to know which scoring model is being used to determine how "good" or "bad" your credit really is.

Some of the questions you probably have are: Is 517 a good FICO Score? Is 517 a bad FICO Credit Score? Is a FICO Score of 517 good or bad? What does a FICO Score of 517 mean? What does a 517 FICO Score mean?

Knowledge Is Power - Especially With Your Credit





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Review: Why I Love Experian IdentityWorks

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