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Is 650 a good credit score?

What's more, your score of 650 is very close to the Good credit score range of 670-739. With some work, you may be able to reach (and even exceed) that score range, which could mean access to a greater range of credit and loans, at better interest rates. The best approach to improving your credit score starts with a check of your FICO ® Score.

Is a 650 credit score fair?

A 650 credit score is considered fair. Your score helps lenders decide whether you qualify for products like credit cards and loans, and what interest rate you should pay. The share of Americans with a score below 650 was 24% as of April 2023, according to credit scoring company FICO.

What is a 650 FICO ® score?

A 650 FICO ® Score is a good starting point for building a better credit score. Boosting your score into the good range could help you gain access to more credit options, lower interest rates, and reduced fees.

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