Percentage of generation with 700749 credit scores; A 716 credit score is considered a good credit score by many lenders. The advisor told me that my credit score is not too great.
This Is Eight Points Higher Than It Was One Year Ago.
The national average fico credit score did not increase between april 2021 and april 2022, according to new data from fico.though the average score remains solidly in the. In april 2021, the average fico score. A credit score of 711 means that you are in a group of borrowers that most financial institutions target and want to actively lend too.
4.6/5 ( 12 Votes ) A 716 Credit Score Is A Good Credit Score.
As you can see below, a 716 credit score is considered good. Achieving a credit score of 700 officially places you in the good credit score category, although it does fall slightly below the average. Fico® score which now stands at 716.
You Can Expect To Get Low Rates On Credit Cards And Loans.
Here are our top picks for the best credit cards for good credit: The interest rate is just over 5%. He said if my score is better or i put more down then it will lower the rate.
Notably, This Is The First Time In 10 Years That The Average Fico Credit.
According to fico, the average credit score is currently 716 — matching what it’s been since april 2021. A 716 credit score is considered to be good. A fico ® score of 616 places you within a population of consumers whose credit may be seen as fair.
