Below is a way of interpreting your credit score. Given the current credit score stats, how does this relate to your own personal score? Generally, if your score is higher than 660, you will be considered a good credit risk. If your score is below 620, then you might have a tougher time getting a loan. The following ratings explain the impact of the different score ranges: * 720-850 - Excellent - This represents the best score range and best financing terms. * 700-719 - Very Good - Qualifies a person for favorable financing. * 675-699 - Average - A score in this range will usually qualify for most loans. * 620-674 - Sub-prime - May still qualify, but will pay higher interest. * 560-619 - Risky - Will have trouble obtaining a loan. * 500-559 - Very Risky - Need to work on improving your rating.
would a credit score of 753 be considered a good credit score?
503
Exillant
Poor
FAIR
1st
If a person has a credit score of 720 or above, they are considered to have excellent credit. The average credit score in the United States is 720.
TOP 1%
A score of 660 is generally considered the lowest "good" credit score. A 678 is slightly higher, but you'll get better interest rates for your credit with a score in the 700s.
A 663 credit score ranks in the middle on the spectrum. A 750 or greater score is needed for the best interest rates.
It's worth ginng a good credit company like credit repair a look. They offer free credit score report that lets you know how you're doing. Just remove teh spaces of the link bit. ly/CreditSaveandRepair
Very low risk to lenders. (96.68 score rank).