Asked by: Aida Bañezasked in category: General Last Updated: 26th April, 2020
What is a very good credit score?
In this way, how good is a 740 credit score?
Your FICO® Score falls within a range, from 740 to 799, that may be considered Very Good. A 740 FICO® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders' better interest rates and product offers.
Subsequently, question is, is a credit score of 770 good? Your score falls within the range of scores, from 740 to 799, that is considered Very Good. A 770 FICO® Score is above the average credit score. Consumers in this range may qualify for better interest rates from lenders.
In respect to this, how do you get a good credit score?
Using your credit wisely and responsibly is what helps you to maintain a good score.
- Know What Goes Into a Good Credit Score. Martin Dimitrov/iStock.
- Pay Your Bills on Time.
- Keep Your Credit Card Balances Low.
- Don't Close Old Credit Cards.
- Manage Your Debt.
- Limit Your Applications for New Credit.
- Watch Your Credit Report.
What is a perfect credit score 2019?
Commonly used FICO scores range from around 300 to 850. If you have a score of 700 or above, you're at least in the “good” range, meaning you're considered prime and will typically qualify for a loan.