Is 700 credit score good or bad?
If you are wondering if 700 credit score is “good” or “bad”, then you have no need to worry. The answer is that credit score under 700 is considered a good score and is actually very close to even qualifying the holder as an excellent credit risk.
Can I buy a house with a 700 credit score?
With a credit score of 700, you’ve entered the “good” credit zone, which means you can acquire low interest rates on financial items like loans and credit cards. At 690, the “good” range begins. A credit score of 700 is also sufficient to purchase a home.
Is 700 a good enough credit score?
For a score with a range between 300-850, a credit score of 700 or above is generally considered good. A score of 800 or above on the same range is considered to be excellent. Most credit scores fall between 600 and 750.
Is a 700 credit score good enough for a mortgage?
In other words, a 700 credit score will still qualify you for better deals on credit cards, personal loans, mortgages and other types of credit, but it won’t give you access to the same types of terms someone with very good credit, or a credit score above 740, would have.