Is 690 a good credit score Reddit?

How Good is a 690 credit rating?

Generally speaking, scores between 690 and 719 are considered good credit on the commonly used 300-850 credit score range. Scores above 720 are considered excellent, while scores between 630 and 689 are considered fair. Scores below 630 fall into the bad credit range.

Is 690 a Good credit score for a 20 year old?

According to credit bureau Experian, a good credit score is 700 or above. … In fact, according to Credit Karma, the average credit score for 18-24 year-olds is 630 and the average credit score for 25-30 year-olds is 628.

Can I get a loan with a credit score of 690?

A 690 credit score falls under the good credit range. If you’re shopping for a personal loan and your credit score is this high, then you’re in good shape. If you have a credit score of 690, lenders are more likely to approve your loan application.

What APR will I get with a 690 credit score?

How your credit score affects the cost of a car loan

FICO® Score Range 60-Month New Auto Loan APR 48-Month New Auto Loan APR
690-719 5.86% 5.82%
660-689 8.13% 8.08%
620-659 11.22% 11.15%
590-619 15.90% 15.82%
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How long does it take to get a credit score of 690?

It will take about six months of credit activity to establish enough history for a FICO credit score, which is used in 90% of lending decisions. 1 FICO credit scores range from 300 to 850, and a score of over 700 is considered a good credit score. Scores over 800 are considered excellent.

Is 690 a Good credit score to rent an apartment?

Most individuals or companies renting an apartment want credit scores from applicants to be 620 or higher. People with credit scores lower than 620 may indicate they are a high risk renter.

Is 3 years of credit history good?

FICO® itself doesn’t say how long of a credit history you should have, only that a longer history has a more positive impact on your score. If you search the web, you’ll find some sites stating that your credit history will have a positive impact on your score if your history is 7 years or longer.

Is 680 considered a good credit score?

A FICO® Score of 680 falls within a span of scores, from 670 to 739, that are categorized as Good. … 21% of U.S. consumers’ FICO® Scores are in the Good range. Approximately 9% of consumers with Good FICO® Scores are likely to become seriously delinquent in the future.

Is 720 a good FICO score?

A 720 FICO®Score is Good, but by raising your score into the Very Good range, you could qualify for lower interest rates and better borrowing terms. A great way to get started is to get your free credit report from Experian and check your credit score to find out the specific factors that impact your score the most.

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Is 690 credit score good enough to buy a car?

There’s no single minimum credit score needed for a car loan. But generally speaking, credit scores in the fair range may limit your options to loans with higher rates and less favorable terms.