A lot of people no less than zero about their credit scores, so i”m going to break down all you need to know about them, including where to get them and what’s a good credit score range. What Is A Credit Score? A credit score is a three-digit number assigned to consumers who b...
Good (670 to 739): This credit score range indicates that you’re on par with most borrowers and likely to fulfill your debt obligations. You can get approved for almost any loan you apply for. You can usually get good credit card and personal loan rates, but not the most attractive mor...
The good credit score range for a FICO score is different from what it is for VantageScore. So it's important to know which score you're trying to interpret. But once you understand your credit status, you'll have an idea of what credit cards or loans you can qualify for and which ...
Discover what a good credit score is under VantageScore model and what factors can affect your score for better or for worse.
Below, you can check which credit score range you fall into, using estimates from Experian. FICO Score Very poor: 300 to 579 Fair: 580 to 669 Good: 670 to 739 Very good: 740 to 799 Excellent: 800 to 850 VantageScore Very poor: 300 to 499 Poor: 500 to 600 Fair: 601 to 660 Good...
Conversely, if you have a low credit score, it is assumed that you’re unlikely to repay your loans. With a low score, lenders will be cautious, and it won’t be easy for you to get loans. Your credit score can range anywhere from 300 to 850, and it is made up of various pertin...
Generally speaking, a good credit score is 690 to 719 on the commonly used 300-850 credit score range. Scores 720 and above are considered excellent, while scores 630 to 689 are considered fair. Scores below 630 fall into the bad credit score range. Lenders, such as credit card issuers an...
Technically, a "good" credit score is between 670 and 739 and this is the average range of a U.S. credit score.A good credit score has a many advantages for your financial health. So, it's crucial to know what a good credit score is so that you can achieve one. ...
Average Interest Rates Divided by Credit Score Range Type of LoanPoor CreditFair CreditGood CreditVery Good CreditExceptional Credit 30 Year Fixed Mortgage Interest Rate 6.352% 5.588% 5.158% 4.767% 4.545% Car Loan Interest Rate 15.24% 14.06% 7.02% 4.95% 3.60% Credit Card Interest Rate 24.9% ...
Credit score categoryCredit score range Very poor 300 to 579 Fair 580 to 669 Good 670 to 739 Very good 740 to 799 Exceptional or excellent 800 to 850 Defining a “good” score is tricky, though, because credit scoring models and how lenders interpret the information both vary. Credit scorin...