Everyday, thousands of Americans are searching to find out what is a good credit score and not surprisingly, the answers they find are all different. Some regard anything over 650 to be a quality score while others contend that 725 is where a good credit score begins. Truth be told, there is no authority that defines a credit score as ‘good’ and depending on the creditor, you may or may not be approved for the credit you’re looking for.
In my opinion, a good credit score is anything 700 or above. Generally, that number will get you approved for most of the credit you need. You may not see the best interest rate possible but you’re still able to obtain the loan. To break down the ‘good credit score’ table even further, this is how I would classify the range of all credit scores.
- Excellent 750 - 850
- Good 700 - 749
- Fair 625 - 699
- Poor 550 - 624
- Bad 300 - 549
