Credit score ranges: excellent, good, fair, poor

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Fair credit, in the 630-689 range, gives you more options, but you’ll likely pay higher interest and will have a limited choice of credit cards. Good credit, in the 690-719 range, can give you.

If your lender is using a generic score (300-850), here are two credit score range charts that provide insight into how those numbers fall on a scale of very poor, through average credit, and up to exceptional.

The general guidelines for what FICO qualifies as poor or excellent credit scores are just that – guidelines. Lenders may have different specifications for what they consider to be good or bad credit, and they could have unique requirements when determining which applications to accept and what terms and rates to offer.

Credit score ranges: excellent, good, fair, poor 820 credit score: How much cheaper are loans with great credit? The effect of a 680 FICO score on your mortgage

Now that you know what good FICO Scores are and how they’re calculated, it’s time to find out if your scores fall within the good credit score range, bad credit score range or somewhere in between. What’s a good credit score range? For now, we’re going to focus on FICO Scores because these are the scores used by 90% of top lenders.

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For me, I’m somewhere in the "Fair" range of scoring, and I know it does me no good at all to apply for a card that would recommend "Good" and certainly not "Excellent", as it would only result in a hard inq + a drop in scores. The moral of the story is: do not apply for cards that are beyond your reach.

Best Credit Cards for Fair Credit / Average Credit What Is a Bad Credit Score? – What is a bad credit. good” until your score hits 740. finally, the very highest credit scores, those between 800 and 850, are considered exceptional. Unfortunately, it doesn’t take much to drop.

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300 – 850: The "Credit Score Range" Explained (FICO. – VantageScore’s "fair" or "average" range of 650 to 699 is one of the most populous with 18.3% of people falling into that credit score range. It also earns its name, as it houses the average VantageScore of 673.

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If you have a good credit score with one of two credit score versions, you’ll probably come out OK with all other types of credit scores, too. What Is Considered a Good Credit Score? | US News Once you know you have a good credit score, you can start shooting for an excellent credit score.

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