Is 700 a good credit score?

As mentioned, a FICO score of 670 to 739 is generally considered a good credit score, and a score of 700 falls in the middle of that range. A 700 score is slightly less than the recent national average of 715, but it is still good enough to qualify for many loans and credit cards. For VantageScores, a good score is one between 661 and 780.

What is a 700-plus credit score?

Compared to fair or poor credit scores, which may make it challenging to obtain certain types of financing, a credit score in the 700 range can open up new lending opportunities with more affordable rates and favorable loan terms. Here’s what you can expect to get with a 700-plus credit score:

What does a low 700s credit score mean?

A low 700s credit score is the U.S. average and is considered good by most lenders’ standards. A high 700s score indicates dependability and can lead to better loan terms. This article contains general information and is not intended to provide information that is specific to American Express products and services.