How does a 623 credit score rank?

Answer 1

A 623 is a D-rated score if it's a VantageScore.  Is your 623 a VantageScore, or a FICO Score?

I believe a FICO score 623 is not that great--but it's good enough to qualify for an FHA mortgage at relatively low interest rates. It's a bit below fair, but not really poor.

For an auto loan, you're looking at interest rates in the low double digits (10-15%).  

In Canada, if you had that score, you could get a mortgage at decent interest rates.  

I would seek to raise that score--to the 700's if possible.  Other thresholds would be 660 and 680.  

I hope this helps