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What is Considered a Good Credit Score?

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With all of the talk about credit scores, and improving them, it’s important to know what creditors and lenders actually consider to be a good credit score.

Credit scores go from 300 (as the lowest) to 850 (the highest). When it comes to credit score, the higher the better. Here is a rough breakdown of where the scores fall, from Credit Karma:

– 300 to 580 = Very Poor
– 580 to 640 = Poor
– 640 to 700 = Fair
– 700 to 750 = Good
– 750 to 850 = Excellent

According to Experian, most credit scores fall between 600 and 750, with scores above 700 usually suggesting that you have good credit.

With the importance of credit scores, it’s vital for your financial future to have a good credit score. Now you know exactly what range of score you want to have for your credit score to be considered good! How is your credit score looking?

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