Credit Score Ranges: What is a Good Credit Score?

Let’s say your credit score is a 590, do you know if that’s good? I know I’ve heard people get excited about a score like this only to find out later that they didn’t know how the scale is set up. It doesn’t start at 0 and end at 1000, which would be too easy to understand. So what are the credit score ranges?

Credit score ranges are between 300 and 850, the higher the better. A point difference will rarely mean much, so don’t stress over a few points.

Credit Score Ranges

The Credit Score Ranges

Good Scores

So starting at the high end a credit score in the 750 to 850 range is excellent. If you have a score like this you have very few or no negative items reported on your credit. Getting a good, low-interest loan is no problem. If you are here you’re doing a great job. It’s important to know that a high score with no established credit is pretty useless though. With no credit, history lenders will still be reluctant to lend to you.

A score above 700 is still considered good. You may not get the prime interest rates but they will still be good. You’re still looking good.

Fair Scores

Between 620 and 700 is the fair credit score range. Loans will be tougher to qualify for and your rates won’t be great. You may want to start improving your credit to get into the top tiers.

Bad Scores

619 to 300 is poor credit. Around a 600 score, you may still be able to get a loan but it will be tough. You’ll have to provide more documentation, you may need a cosigner, and you interest rates will be very high. 500’s and below is not a good place to be.

If your credit score is in an undesirable range you can take steps to improve your credit. This site is a great place to learn more about how to fix yours.

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