Credit Score Ranges Explained: What’s a Good Score? [2025 Guide]

Credit Score Ranges Explained: What’s a Good Score? [2025 Guide]

Your credit score affects everything from getting a loan to renting an apartment. But what exactly do those numbers mean? Let’s break down the credit score ranges and find out what’s considered a “good” score in 2025.

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Understanding Credit Score Ranges

Most lenders use the FICO® Score, which ranges from 300 to 850. Here’s how the scores generally break down:

👉 MyFICO offers a deeper dive into how FICO scores are calculated.

What Is a Good Credit Score?

• Good: 670 – 739
• Very Good: 740 – 799
• Exceptional: 800 – 850

A score of 670 or above is generally considered good and increases your chances of loan approval and better interest rates.

Why Your Credit Score Matters

• Loan Approvals: Higher scores = better chances of approval.
• Interest Rates: Good credit can save you thousands on loans.
• Credit Limits: Better scores often mean higher credit limits.
• Housing: Landlords often check scores before approving renters.
• Job Offers: Some employers review credit reports for certain jobs.

What Factors Affect Your Credit Score?

1. Payment History (35%)
2. Amounts Owed (30%)
3. Length of Credit History (15%)
4. Credit Mix (10%)
5. New Credit (10%)

👉 Experian’s Credit Score Guide explains each factor in more detail.

How to Improve Your Credit Score

• Pay bills on time.
• Keep credit card balances low.
• Avoid opening too many new accounts at once.
• Check your credit report regularly for errors.
• Maintain older credit accounts.

Final Thoughts

Understanding your credit score is the first step toward better financial health. Aim for at least a “Good” score and keep building from there — your future self will thank you.

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