What Is A Good Credit Score?

A good credit score is anything above 650 on the FICO scale.

FICO scores range from 300 to 850 and a good score falls somewhere in between. The median credit score in the US is over 700. The best credit scores of 720-850 will get you the best rates from lenders.

For a great site that explains What Is A Good Credit Score and more click here.

The benefits of a Good Credit Score include:

Access to better rates from lenders
Peace of mind so you can sleep better at night
Opportunities to qualify for a mortgage and buy the home you want

You are entitled to check your credit reports from the three bureaus once a year by law.  But you will need to pay to access your credit score.  Information in your credit report will effect your score.  It makes sense to check frequently and before you try to take out a loan.

Find out What Is A Good Credit Score now.

 


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