Generally speaking, a credit score is a three-digit number ranging from 300 to 850. Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.

Can I buy a house with 708 credit score?

A 708 credit score is a good credit score. The good-credit range includes scores of 700 to 749, while an excellent credit score is 750 to 850, and people with scores this high are in a good position to qualify for the best possible mortgages, auto loans and credit cards, among other things.

Can I buy a car with 726 credit score?

A 726 FICO® Score is considered “Good”. Mortgage, auto, and personal loans are relatively easy to get with a 726 Credit Score. Lenders like to do business with borrowers that have Good credit because it’s less risky.

What does it mean to have a 709 FICO score?

Having a 709 FICO score means that you are in a good position when trying to obtain credit. You will not have to use expensive dealer finance when trying to buy a car, you will be in a very strong position when applying for a mortgage and you will be able to get a large monthly limit on any credit cards.

Can you get a loan with a 709 credit score?

Anyone applying for a loan or any other type of finance with a credit score of 709 is likely to get loan approval and not only will they get approval, but the finance will be made available to them at competitive rates.

What does it mean to have a good credit score?

Higher credit scores mean you have demonstrated responsible credit behavior in the past, which may make potential lenders and creditors more confident when evaluating a request for credit. Lenders generally see those with credit scores 670 and up as acceptable or lower-risk borrowers.