Quick answer
On the common FICO scale of 300 to 850, a score of 670 to 739 is generally considered good, 740 to 799 very good, and 800 or higher exceptional. Scores below 580 are generally considered poor. Higher scores usually mean more approvals and lower interest rates.
Income gets you noticed. Credit gets you approved. I learned that the hard way when I was denied apartment after apartment, even with good income behind me. My number said no. That's why understanding these ranges matters: they quietly decide what doors open for you.
Your credit score is three digits. Those three digits can decide where you live.
FICO score ranges
- 800–850 — Exceptional. Typically access to the best rates and terms.
- 740–799 — Very good. Usually strong approval odds and favorable rates.
- 670–739 — Good. Generally seen as an acceptable borrower by most lenders.
- 580–669 — Fair. Approvals may be possible, often with higher rates or extra requirements.
- 300–579 — Poor. Approvals are harder, and terms are usually more expensive.
What lenders often look for
Every lender sets its own standards, but here are common reference points:
- Conventional mortgages — Often require at least around 620.
- FHA mortgages — Generally allow scores as low as 580 with a 3.5% down payment, with lower scores possible in some cases with more down.
- Car loans — Approvals are possible across many ranges, but interest rates can change dramatically between them.
- Apartments — Landlords often check credit and may require higher deposits or co-signers for lower scores.
Why you have more than one score
There are different scoring models and versions, and each of the three bureaus can have different information about you. That's why your scores can vary. Lenders may use a specific version, especially in mortgage lending.
What actually moves your score
- Payment history (about 35%) — Never pay late. Turn on autopay.
- Amounts owed (about 30%) — Keep utilization low.
- Length of history (about 15%) — Keep older accounts open.
- New credit (about 10%) — Apply only when you need to.
- Credit mix (about 10%) — A healthy mix can help over time.
Do this this week
- Pull your free reports from all three bureaus at AnnualCreditReport.com.
- Write down your score and its range.
- Write the goal: the home, car, or funding you want, and the score it likely needs.
- Pick one factor above to improve this month.
This guide is for education only and isn't legal or financial advice. Every situation is different, so talk to a qualified professional about yours.
Frequently asked questions
+Is 700 a good credit score?
Yes. On the FICO scale, 700 falls in the good range (670 to 739).
+What credit score do I need to buy a house?
It depends on the loan and lender. Conventional loans often look for around 620 or higher, and FHA loans generally allow 580 with 3.5% down.
+Does checking my own credit lower my score?
No. Checking your own credit is a soft inquiry and doesn't affect your score.
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