What Your Credit Score Range Means

Credit scores can sometimes be confusing. The best way to determine if you have a good credit score is to use the credit score ranges above as a guide. This is similar to how lenders and credit card companies will look at your credit score to decide whether to give you a loan or not.

Excellent 780+ – With an excellent score of 780 or higher you will get the best rates available.Very Good 720 – 779 – This is a very strong score and you shouldn’t have any problems getting good rates.Good 680 – 719 – This is a good credit range to be at, but you won’t get the very best rates.Average 620 – 679 – Your score could use some improvements but you should still be able to get decent rates.Poor 580 – 629 – A credit score in this range indicates that you’re higher risk and might have trouble finding decent rates.Very Poor 579 or less – Anything less than 580 means that you’re very high risk. Don’t worry though, this can be fixed. Check out my post 5 Amazingly Simple Techniques to Optimize Your Credit Score.

Like I said, don’t worry if your credit score is sitting at the lower end of the credit score ranges. You can improve your credit score in no time if you dedicate some time to learning about how credit repair works. Read my article Starting Your Credit Repair Journey to improve your credit score quickly.

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