What Is A Good Fico Credit Score Range

670 to 739.

What is a good fico credit score range.

A vantagescore 3 0 score of 661 could put you in the good range for example while a 661 fico score may be considered fair. 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. Fico scores and scores by vantagescore are two of the most common types of credit scores but industry specific scores also exist. This is pretty straightforward the higher your score the better off you are.

Fico scores in the 740 to 799 range are deemed very good. This range includes the average u s. Credit score and lenders view consumers with scores in this range as acceptable. Consumers as the national average fico score is 704 as of.

Fico s credit scoring model has gone through many iterations the one above is fico score 8 the latest is fico score 9 many lenders especially mortgage lenders are. 580 to 669 is below. For fico scores a good credit score is 670 to 739 with a higher score being very good or excellent. The fact that many americans have good credit scores is promising.

As you can see different credit scoring models may have different ranges and scoring criteria. You ll be able to get a better interest rate and have access to more products that are reserved for capable borrowers with good scores. Fico scores in the range of 670 to 739 are rated good. Generally speaking the credit bureaus consider any score over 650 to be a good credit score credit scores calculated using the fico score or vantagescore 3 0 scoring models range from 300 to 850.

Fico scores range from 300 to 850. 670 to 739 is good and represents the median credit score range. Though the average fico score is actually above this range more than 20 of people still fall into this category. A 703 fico score falls within the range of good credit 670 to 739.

What is a good fico score. One of the most well known types of credit score are fico scores created by the fair isaac corporation. What is a good fico score. Individuals with scores in this range may qualify for better interest rates from lenders.

740 to 799 is very good. That means the same credit score could represent something different depending on which credit model a lender uses.