And lenders create or use their own standards when making credit based decisions.
What is a good credit score range.
Individuals with scores in this range may qualify for better interest rates from lenders.
This range includes the average u s.
For fico scores a good credit score is 670 to 739 with a higher score being very good or excellent.
Credit score and lenders view consumers with scores in this range as acceptable.
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.
A score of 800 or above on the same range is considered to be excellent.
Fico scores in the 740 to 799 range are deemed very good.
740 to 799 are considered very good.
For a score with a range between 300 850 a credit score of 700 or above is generally considered good.
And 800 and up are considered excellent.
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 vantagescore 3 0 scores a good score is from 700 to 749 with a score from 750 to 850 being excellent.
Credit scores calculated using the fico score or vantagescore 3 0 scoring models range from 300 to 850.
670 to 739 are considered good.
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.
The credit score range.