What Is a Good Credit Score? Ranges, Charts, and What Yours Really Means

July 19, 2026

What Is a Good Credit Score?

A good credit score is generally any score of 670 or above on the FICO scale, which runs from 300 to 850. Scores in the 670–739 range are considered "Good," scores from 740–799 are "Very Good," and scores of 800 and above are "Exceptional." Lenders use these ranges to evaluate how likely you are to repay debt — and where your score lands directly influences the interest rates, credit limits, and loan terms you're offered. Understanding the full picture helps you set realistic goals and take the right steps to improve.

Credit Score Ranges at a Glance

Both FICO and VantageScore are widely used scoring models. While the exact cutoffs can vary slightly by model and lender, the FICO ranges are the most commonly referenced:

• 800–850 — Exceptional: You'll qualify for the best rates and terms available. Lenders consider you a very low-risk borrower.
• 740–799 — Very Good: You're in excellent shape. Most prime loan products and competitive rates are within reach.
• 670–739 — Good: This is the broad "good" tier. Most lenders will approve you, though you may not always receive top-tier rates.
• 580–669 — Fair: Approval is possible but often comes with higher interest rates, lower limits, or stricter terms.
• 300–579 — Poor: Access to credit is limited. Secured products or credit-building tools are typically the starting point here.

Keep in mind that individual lenders set their own internal criteria. Some may approve applicants with scores below 670 for certain products, while others may require 720 or higher for a mortgage. The ranges above are guidelines, not guarantees.

Why Your Credit Score Range Matters Beyond Approval

Most people focus on whether they'll be approved for credit. But your score's impact extends well beyond a simple yes or no decision.

Interest Rates and the Cost of Borrowing

Even a modest difference in credit score can translate into thousands of dollars over the life of a loan. For example, a borrower with an Exceptional score might secure a mortgage rate significantly lower than someone in the Fair range — meaning they pay substantially less in total interest on the same loan amount. The same dynamic applies to auto loans, personal loans, and credit cards.

Credit Limits and Financial Flexibility

Lenders extend higher credit limits to borrowers they view as lower risk. A higher limit — when managed responsibly — also helps keep your credit utilization ratio low, which itself supports a healthier score.

Security Deposits and Non-Credit Decisions

Landlords, utility companies, and even some employers review credit as part of their screening process. A score in the Good range or above can mean the difference between waiving a security deposit and paying several hundred dollars upfront.

The Five Factors Behind Your Score

Understanding what drives your score helps you act on it strategically. FICO weighs five factors:

• Payment History (35%): Whether you pay on time, every time. This is the single largest factor.
• Amounts Owed / Credit Utilization (30%): How much of your available credit you're using. Lower is generally better — most experts suggest staying below 30%.
• Length of Credit History (15%): How long your accounts have been open. Older, well-managed accounts work in your favor.
• Credit Mix (10%): A healthy blend of credit types — installment loans, revolving credit — can positively influence your score.
• New Credit / Inquiries (10%): Opening several new accounts in a short period can temporarily lower your score.

What to Do If Your Score Isn't Where You Want It

If your score falls below 670 — or even if you're in the Good range and want to reach Very Good or Exceptional — there are clear, actionable steps you can take.

Review Your Credit Reports for Errors

Inaccurate information on your credit report can drag your score down unfairly. You're entitled to a free report from each of the three major bureaus annually at AnnualCreditReport.com. Look for accounts you don't recognize, incorrect payment statuses, or outdated balances.

Pay Down Existing Balances

Reducing revolving balances — especially on credit cards — can have a relatively quick positive effect on your utilization ratio and, by extension, your score.

Protect Your Payment History

Set up autopay for at least the minimum payment on every account. A single missed payment can have a meaningful negative impact, particularly if your history is otherwise clean.

Consider Professional Credit Services

Sometimes the path from where you are to where you want to be is more complex than a few DIY steps can address. Errors, outdated information, or a thin credit profile can require a more structured approach. A professional credit services partner — like Pinnacle Credit Group — can work through the dispute and reporting process on your behalf, help you build a stronger profile, and provide expert guidance every step of the way.

If you're ready to take a clear-eyed look at your credit and build a plan to improve it, start at gopinnaclecg.com. The first step is understanding exactly where you stand — and what it will take to get to where you want to be.