Asked by: Aida Bañez
asked in category: General Last Updated: 26th April, 2020

What is a very good credit score?

For a score with a range between 300-850, a credit score of 700 or above is generally considered good. A score of 800 or above on the same range is considered to be excellent. Most credit scores fall between 600 and 750.

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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.

  1. Know What Goes Into a Good Credit Score. Martin Dimitrov/iStock.
  2. Pay Your Bills on Time.
  3. Keep Your Credit Card Balances Low.
  4. Don't Close Old Credit Cards.
  5. Manage Your Debt.
  6. Limit Your Applications for New Credit.
  7. 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.

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