What's a fair credit score?

Question

What's a fair credit score?

Answer 1

If it's about the credit score you need to get a good car loan rate, something in the range of 680-700 or higher is considered by most lenders to be "prime." Being lower means paying a higher interest rate, paying a higher down paymet, or both. If you score is lower than about 600, you may not be able to get approved at all. In that case, you'll need a co-signer with a better score.

Answer 2

In today's economy -

Below 620 is poor.

620-680 is fair.  

680-740 is good.

Over 740 is excellent.