I am often asked, "What is a good credit score?"  Here is a chart that will help you.

  • 720 – 850 – Excellent – the best financing terms and represents the best score range 
  • 700 – 719 – Very Good – qualifies to receive favorable financing 
  • 675 - 699 - Average – will qualify for most loans 
  • 620 - 674 - Sub-prime – may qualify but will likely pay higher interest rates
  • 560 - 619 - Risky – might have trouble getting a loan

     

Comment