What is a Good Credit Score?
When deciding whether or not to get a credit card it is important to understand the risks that are involved when getting a credit card. One of those risks being the fact that credit cards can and will affect your credit score, good and bad. If you are a responsible card holder, having a credit card can affect your score in a good way by raising it. To learn more about how to own a card responsibly, read our article here. (Link to responsible own a card responsibly).
Now, what is a good credit score? It is important to remember that it differs what a good credit score is to many people. View our chart on credit scores to learn the scale of scores.
| Credit Score Ranges | What each means? |
| 300 – 579 | Poor |
| 580 – 669 | Fair |
| 670 – 739 | Good |
| 740 – 799 | Very Good |
| 800 – 850 | Excellent |
If you do find yourself in the poor range for credit scores don’t worry. But it is important to work to boost your score to improve your financial future. Read our article on improving your credit score. If you do have a lower score, do not worry. There are ways to improve your score. If you work hard and prioritize your financial wellness, having an exceptional score is possible.