What Is A Good Credit Score Range
Individuals with scores in this range may qualify for better interest rates from lenders.
What is a good credit score range. Credit scores calculated using the fico score or vantagescore 3 0 scoring models range from 300 to 850. For vantagescore 3 0 scores a good score is from 700 to 749 with a score from 750 to 850 being excellent. So now that we have an idea about the credit score and understand how it is calculated let us find out about the credit score range. For fico scores a good credit score is 670 to 739 with a higher score being very good or excellent.
670 to 739 are considered good. And 800 and up are considered excellent. Although ranges vary depending on the credit scoring model generally credit scores from 580 to 669 are considered fair. Fico scores in the range of 670 to 739 are rated good.
Credit score and lenders view consumers with scores in this range as acceptable. This range includes the average u s. The credit score range doesn t start at 0 or 1 and it doesn t end at 100 or 1000 it starts at the odd figure of 300 and ends at 850. And lenders create or use their own standards when making credit based decisions.
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. For a score with a range between 300 850 a credit score of 700 or above is generally considered good. 740 to 799 are considered very good. A score of 800 or above on the same range is considered to be excellent.