Credit Score Ranges Vary Based On The Credit Scoring Model Used, But Are Generally Similar To The Following:

As the chart shows tells us, a score between 300 and 584 is considered a poor or bad credit score, while anything above 670 is a good credit score. Your mortgage lender can give you exact terms after reviewing your complete financial details and down payment. The average credit score for americans ages 23 to 29 is 660.

Bankcard And Auto Scores Can Range From 250 To 900.

If your score is between. Also lists the fico credit score ranges and labels shown in. Lower credit scores indicate higher credit risk.

The Chart Below, Adapted From Section 7 Of The Fico® Score 8.0, Shows The Average Fico® Score Ranges For Different Types Of Credit.

People with credit scores between 670 and 850 are generally considered prime borrowers. Credit scores around 700 are considered the threshold to “good” credit. As with the fico model, the lowest possible score someone can have through the vantagescore model is 300.

Credit Score Charts For Fico And Vantagescore.

The average credit score is 710 and most americans have scores between 600 and 750, with 700+ considered to be good. An excellent credit score provides a lot of benefits — including greater negotiating power and better car insurance and mortgage interest rates. People in this range are considered dependable borrowers.

Having A Credit Score Between 670 And 739 Places A Borrower Near Or Slightly Above The Average Of U.s.

The range of poor scores in the. The scoring system utilized by credit agencies measures the relative likelihood of whether an issuer may repay its financial obligations on time and in full. A credit score can range from 300 to 850 depending on the scoring model, such as a mortgage score.