Generally, anything over 750 is excellent; good credit is 700-749; fair is 650-699; poor is 600-649; and bad credit is anything below 600. Creditrepair.com recently looked at the range of credit.
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· It’s common knowledge that a having a good credit score is important. But what defines a “good” credit score and a “bad” credit score? The distinction gets more involved than just “good” and “bad.” The first thing you must know is how to determine a credit score. Defining your credit score
· A score of 700 to 749 is good, and those with a score in this range will likely be approved for loans but might pay a slightly higher interest rate. A score of 650 to 699 is considered fair, and those with a score in this range will pay higher rates and could.
The scores are grouped in ranges with scores above 750 being excellent while those between 700-749 are considered to have a good score. Scores of between 650-699 are considered fair while any score below 649 is considered to be poor.
The average credit score nationwide is 680. That’s considered "good." The report looks at VantageScores, which range from 300 to. while anything above that is "excellent." A score of 601 to 660 is.
Fair Credit Score: 650-699. Before you know it, the score will go up. Poor or Bad Credit Score: 600-649 This is not the place anyone wants to be. Bad credit is often a direct result of real-life hardships. Also referred to as "subprime" credit, it’s likely you’ve had multiple or ongoing credit issues.
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What Is A Good Credit Score,What S A Good Credit Score Specifically, bad credit ranges from 300 to 629, fair credit ranges from 630 to 689, good credit ranges from 690 to 719, and finally, excellent credit which ranges from 720 and to 850.
If you’ve ever had a credit card, taken out a loan, or even rented an apartment, you have a credit score. Your score is a number, usually between 300 and 850, indicating the likelihood you’ll pay for a service or return borrowed money. Your credit score is a snapshot in time, calculated by what is (or isn’t).