A 663 credit score ranks in the middle on the spectrum. A 750 or greater score is needed for the best interest rates.
Credit score ranges are relative, and there are a couple different ones, so the true answer depends on whether your 663 is a FICO score. If it is, it falls within the rating of "fair" or "average" credit, and a loan to purchase a house will likely come with higher interest rates.
would a credit score of 753 be considered a good credit score?
If a person has a credit score of 720 or above, they are considered to have excellent credit. The average credit score in the United States is 720.
503
Exillant
Credit score ranges are relative, and there are a couple different ones, so the true answer depends on whether your 663 is a FICO score. If it is, it falls within the rating of "fair" or "average" credit, and a loan to purchase a house will likely come with higher interest rates.
would a credit score of 753 be considered a good credit score?
If a person has a credit score of 720 or above, they are considered to have excellent credit. The average credit score in the United States is 720.
503
Exillant
Poor
FAIR
1st
TOP 1%
A score of 660 is generally considered the lowest "good" credit score. A 678 is slightly higher, but you'll get better interest rates for your credit with a score in the 700s.
It's worth ginng a good credit company like credit repair a look. They offer free credit score report that lets you know how you're doing. Just remove teh spaces of the link bit. ly/CreditSaveandRepair
No. It is around the 33rd percentile of credit scores. 2 of every 3 people have a better credit score than 663. Now that subprime lending is going away, you need to focus on paying everything on time, lowering cc debt, and after 6 months or so, you can apply for loans to refinance on remaining debt.