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I_SUFFER_FROM_FICO_ENVY
Posts: 70
Registered: ‎04-03-2012

What is the OFFICIAL FICO score range for GOOD credit?!?!!?

Anyone who has a link to an official table or chart, I would greatly appreciate it.

 

Here's what I "think" it is:

 

EXCELLENT CREDIT...FICO 720+

 

GOOD CREDIT..............FICO 660-719

 

FAIR CREDIT..................FICO 620-659

 

BAD CREDIT...................FICO <620

 

I know that "other" factors are considered when deciding if someone has EXCELLENT credit or not.  But are these ranges accurate?

 

Thanks so much.

Moderator Emeritus
llecs
Posts: 32,880
Registered: ‎08-04-2007

Re: What is the OFFICIAL FICO score range for GOOD credit?!?!!?

Different companies have different ranges when analyzing FICO scoring...not to mention most of the companies out there look at non-FICO scoring when reviewing score ranges (e.g. the news media, review sites for FAKOs, etc.).

 

In FICO speak, your FICO report will show a 5-tier range: Bad, Not Good, Good, Very Good, and Great. I can't remember how they play out in detail, so bumping for others, but I know 660 starts the Good range and that stops at 720 or 735, which is the start of Very Good. I think Very Good goes to 760, which starts the Great range. I'm unsure of anything below the Good range.

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RobertEG
Posts: 17,456
Registered: ‎03-19-2007

Re: What is the OFFICIAL FICO score range for GOOD credit?!?!!?

Whatever the creditor using your score and associated credit file is looking for is ultimately the best.....

Established Contributor
pakman92
Posts: 650
Registered: ‎03-01-2012

Re: What is the OFFICIAL FICO score range for GOOD credit?!?!!?

It also seems that different kind of credit products have different ranges for setting rates.  For mortgages, 760+ generally put you at the best rate.  Of course, approval is based on other factors.  For auto, the top tier rate may be different, slightly lower.

 

 


My Starting Score: EQ: 691 (11/30/11) TU98: 726 (11/30/11)
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