Now that you know what is considered a “good” credit score, you may be encouraged because you’re already there or discouraged because you feel like you have a long way to go. If you fall into the latter group, don’t worry: You can do it. “The thing with credit scores is, it...
Although the different credit score scales may seem confusing, they are more alike than different.Figuring out what a credit score of 640 (or 580 or 810, or …) means isn’t really as tough as cracking the Da Vinci Code. But by the time you’ve considered the various cr...
A good, or "prime," VantageScore is within the range of 661 to 780. Payment history and amounts owed are two major factors that determine a credit score. What is considered a good credit score depends on the type of credit score used. You have multiple credit scores, but the most popu...
What is an excellent credit score and is there an easy way to get it? Let’s take a closer look at what is considered an excellent credit score, as well as what you can do to boost your credit score into the excellent range. Do you have an excellent credit score? According to the ...
We get it, but a healthy credit score is a huge part of being in good financial shape. Translation: it's not something you want to ignore. But what is a credit score, how high should it be—and why does it matter? Whether you're shopping around for a mortgage, refinancing your stud...
A good credit score is between 670 and the mid-700s. Scores over 760 are considered excellent, and a perfect FICO and VantageScore is 850.
If you have a less than stellar credit score, you should take action as soon as possible, so you can work towardgood creditand increase your odds of being approved for financial products like credit cards and loans. Below,CNBC Selectexplains what credit score range is considered bad, how to...
What is a good credit score? Breaking down the ranges Credit score ranges aren’t set in stone. Experian, for example, considers a VantageScore “excellent” if it’s between 781 and 850, while FICO views a score of 800 and above as “exceptional.” VantageScore vs. FICO The three majo...
The ideal credit score to get you the best interest rates, payment terms, and perks that come from being rated among the best of the best is above 760. Credit scores of between 740 and 799 are considered "very good." For many people, achieving a "very good" score will take concerted ...
Other Factors Considered by Mortgage Lenders Your credit score isn't the only important factor that mortgage lenders use when assessing your loan application. Others include: Income.Lenders want to know that potential borrowers will have enough money coming in to make their monthly mortgage payments....