Good credit:670 to 739 Very good credit:740 to 799 Excellent credit:800 to 850 So, what credit score should you have in order to qualify for atravel rewards credit cardor a low interest rate on amortgage— and would a credit score of 700 be acceptable?
A good credit score can enable you to obtain a credit card, loan, or even rent an apartment. With a higher score, you may qualify for a lower interest rate on a credit card, which may save you money or make it easier to repay your balance. You may also qualify for a card that ...
A credit score in this range will likely open the door for the most competitive interest rates on the majority of loans. For example, a borrower with a 740 credit score is eligible for the same low home equity loan rates as someone with a score of 850, saysFICO. Good (670 to 739) M...
A good credit score can help you receive better-than-averageAPRsfrom lenders and increased approval odds for credit. With good credit, you have better chances at qualifying for a mortgage, lease or car loan. Many of the best credit cards require good orexcellent credit. If you want to benef...
Is a 700 Credit Score Good? FICO, the most widely used credit scoring model, categorizes scores into the following ranges:1 300–579: Poor. 580–669: Fair. 670–739: Good. 740–799: Very Good. 800–850: Exceptional. So, a credit score in the low 700s is labeled as “good” and...
What Does an 800 Credit Score Mean? A credit score of 800 or higher is more than “good” – it’s considered “exceptional” or “excellent,” depending on whether your score is calculated with the FICO or VantageScore scoring model. More specifically, FICO considers the range 800–850 ...
A good credit score leads to benefits such as reduced loan interest rates, access to premium credit cards with rewards and lower costs on insurance premiums. Keep your credit card balances low and steer clear of opening too many new accounts. Make it a habit to spot and correct any errors ...
Discover what a good credit score is under VantageScore model and what factors can affect your score for better or for worse.
A good credit score is generally somewhere between 661 and 780. But what’s considered a good credit score depends on where a score comes from, who calculates it and who judges it. Lenders may set their own credit policies and standards to determine creditworthiness. And the way scores are ...
July 1, 2024, at 10:00 a.m. Save More What Is a Good Credit Score? More Getty Images A credit score of around 670 means you'll fall in the "prime" lending category. Key Takeaways A good FICO credit score is within the range of 670 to 739. A good, or "prime," VantageScore...