What Is a Good Credit Score? FICO and VantageScore Ranges Explained

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A “good” credit score depends on what you’re applying for. A score that gets you a credit card may not get you the best mortgage rate. Here’s how the ranges work and what score you should aim for.

FICO score ranges

Most lenders use FICO scores, which run from 300 to 850:

• 800–850: Exceptional
• 740–799: Very good
• 670–739: Good
• 580–669: Fair
• 300–579: Poor

The average FICO score in the U.S. is about 714, according to FICO’s Fall 2026 Credit Insights report. So “good” (670+) puts you in line with most Americans.

VantageScore ranges

Free apps like Credit Karma show VantageScore 3.0, which also runs 300–850 but uses different labels: excellent (781–850), good (661–780), fair (601–660), poor (500–600) and very poor (300–499). Because the models differ, your VantageScore and FICO score won’t match. See why there are different credit scores.

What’s “good” for each kind of credit

• Mortgage: FHA loans allow 3.5% down with a 580+ score. Conventional loans have traditionally needed about 620. The best pricing usually starts around 740, and it keeps improving up to about 780. See what home buyers need to know.
• Auto loans: Lenders often use FICO Auto Scores. The best rates generally go to scores in the 700s and up.
• Credit cards: Most rewards cards look for good-to-excellent credit (670+). Secured cards are available for thin or damaged credit.
• Insurance: In most states, insurers use credit-based insurance scores to help set premiums, so better credit can mean lower rates.

How to raise your score

• Pay on time. Payment history is the largest part of your FICO score.
• Keep card balances low. Under 30% of your limit helps, and under 10% is better.
• Fix errors. Check your free reports at AnnualCreditReport.com. Dovly can automate TransUnion disputes.
• Build history if you’re new. Self reports monthly payments to all three bureaus.
• Watch for changes. SmartCredit alerts you when your reports change.

For quick wins, see 7 simple tips to boost your credit score. If you’re thinking about buying a home, The Rate Update can tell you where your score needs to be for the rate you want.

Frequently asked questions

Is 700 a good credit score?

Yes. A 700 FICO score is in the “good” range (670–739) and close to the U.S. average. Moving above 740 usually unlocks better mortgage pricing.

What credit score do I need to buy a house?

FHA loans allow 580+ with 3.5% down. Conventional loans have traditionally required about 620. Higher scores get lower rates.

How long does it take to improve a credit score?

Lower card balances can help within one or two billing cycles. Recovering from late payments or collections takes longer, often a year or more.

Affiliate disclosure: some links on this page are affiliate links, and we may earn a commission if you sign up, at no extra cost to you. Dan Frio | NMLS #246527 | PBT Bancorp | NMLS #257781. Mortgage products are originated by PBT Bancorp, NMLS #257781. Equal Housing Lender.