Who knows if this is a good credit score?

Question

So I had my credit checked and they said that my credit score was 630 is that good? But i have not got the whole report in the mail yet but I just wanted to know

Answer 1

not great but it indicates that you mostly pay on time. To get it higher pay credit cards to less than 1/3 of the limit and any collection accounts you may have  

Answer 2

Banks will consider that score to be right around average, with a medium to low risk. Some lenders prefer a score over 640, so you're on track. The best score you can have is over 800 and most people will shoot for around 725-780.

Answer 3

580 - 619 is poor

620 - 679 is ok

680 - 699 is good

700 and higher is excellent

At your score, you will likely pay higher rates than most, but should have no trouble getting credit.

Answer 4

According to MyFico.com, the median FICO score is 725.

Are you sure that is a FICO?  Equifax gives FICO but Experian and TransUnion use Vantage -- different scale, goes to 950.

Answer 5

630 is in the lower middle of the road...you won't get very good percentages when applying for loans, vehicles, homes...etc..check web page below,.

Answer 6

Average, anything over 700 is good. Pay off some credit cards and keep them open with a 0 balance after a year your score will go up. One way to do that is to get a new card and transfer your balances on to the new card.

Answer 7

FICO scores range between 300 and 850. Ratings are as follows:

~ Excellent: Over 750

~ Very Good: 720 or more

~ Acceptable: 660 to 720

~ Uncertain: 620 to 660

~ Risky: less than 620

Answer 8

Yes

That is a pretty good score

Anything over 700 is really good

But yours is still pretty good for a young person

Congratulations

It's pretty hard to get over 700 unless you have really high income