What is considered a good credit score?

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asked Jan 13, 2020 in Credit by dojaunting (300 points)
What is considered a good credit score?

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answered Jan 13, 2020 by Jodie (35,100 points)
The credit scores that are considered a good credit score is a credit score of 700 or above.

Having a credit score of below 700 but more than 600 is considered fair and can still sometimes get you loans and credit cards depending on the lender.

I've gotten loans before on a credit score of 600 which was through a lender that helped approve low credit score people for loans.

Then my credit score built up to 700 and now is 800.

Credit scores of above 700 are considered excellent and as long as you have employment or income you can get approved for just about any loan with an excellent credit score.

If your credit score is low you can use secured credit cards where you put up a deposit such as $200.00 and then that becomes your credit limit to use.

Then you pay back the credit card and then after around a year of using the secured credit card the deposit is returned to you and you build your credit score to where you can get a regular credit card.

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