Cryptocurrency Q&A Is 700 an ok credit score?

Is 700 an ok credit score?

KDramaLegendary KDramaLegendary Tue Aug 27 2024 | 1 answers 173
Could you please elaborate on why you're asking if 700 is an acceptable credit score? In the realm of credit scores, 700 is generally considered to be a good score, falling within the "good" to "very good" range on most credit scoring models. However, the significance of this score can vary depending on the lender's requirements and the type of credit being sought. Is there a specific loan or credit product you're interested in applying for, and are you concerned about whether your credit score will qualify you for it? Is 700 an ok credit score?

1 answers

Ilaria Ilaria Thu Aug 29 2024
A score of 700 or above is widely recognized as indicating good creditworthiness, demonstrating a borrower's ability to manage debts effectively.

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