What is a good credit score?

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Curious Learner
1mo ago 0 views
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A good credit score ranges from 670 to 739, while 740 and above is considered excellent.

FICO scores range from 300 to 850. Lenders view scores below 580 as poor, 580-669 as fair, 670-739 as good, and 740+ as excellent. The higher your score, the better interest rates you'll qualify for on mortgages, car loans, and credit cards.

Two factors dominate your score: payment history (35%) and credit utilization (30%). Paying bills on time and keeping credit card balances low are the most effective ways to build and maintain a good score.

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