# What Counts as a "Good" Credit Score
Credit score ranges vary by lender, but understanding the basics helps you know where you stand financially. Most lenders use FICO scores, which range from 300 to 850, or VantageScore models, which work similarly.
A score of 670 to 739 generally qualifies as "good" on the FICO scale. Scores above 740 enter "very good" territory, while 800 and up lands in "excellent" range. Below 669 sits in "fair" or "poor" categories, making loan approval harder and rates more expensive.
The specifics matter for different products. Credit card issuers often accept applicants with 650-plus scores, though better rates go to those above 740. Mortgage lenders typically want 620 minimum for FHA loans but prefer 680-plus for conventional mortgages. Auto lenders accept lower scores but charge higher rates to offset risk.
Your score reflects payment history (35 percent of your FICO), amounts owed (30 percent), length of credit history (15 percent), new credit inquiries (10 percent), and credit mix (10 percent). Missing payments tanks your score. Carrying high balances on credit cards, even if you pay on time, signals risk to lenders.
Checking your own score costs nothing. You can access free scores through Credit Karma, Experian, or your bank or credit card issuer. These often use VantageScore or educational models. Getting your official FICO score costs a few dollars through myfico.com, though some credit cards now bundle it free.
The "good" label depends on your goals. Refinancing a mortgage into a lower rate at 750 looks solid. Getting your first credit card at 650 means higher interest but opens