680 Credit Score: Is it Good or Bad? A FICO ® Score of 680 falls within a span of scores, from 670 to 739, that are categorized as Good. The average U.S. FICO ® Score, XXX, falls within the Good range.
A 680 credit score ranges along the average and is good enough to get a house or apartment but may increase rates or terms.
A 680 credit score is considered “Fair Credit” (scores between 650-699) and only 20 points away from the “Good Credit” category (700+). As with any score in the 650-699 range, your 680 credit score mortgage options should be attractive (depending on credit history and income).
680 Credit Score Might Be Decent. Let’s take a look at another pretty common credit score, the “680 credit score.” Before we dive in and dissect this lovely three-digit number, we need to know the proper scoring scale.
Is a 680 Credit Score Good? In past entries, we have taken a look at a wide range of credit-related issues, including understanding what your FICO credit score actually includes and tips for getting a “perfect” 850 credit score.Today, we are kicking off a new series that will look specifically at tips that apply to you — depending on where you fall on the creditworthiness spectrum.
With a 680 credit score, you don’t have to rely on bad credit credit cards. You may be able to get a student credit card or a decent “starter” credit card. However, a 680 will not get you every credit card on the market.
CNNfn, CNN/Money: "Credit scores in the range of 620-650 indicate basically good credit. A score above 680 will most likely qualify you for the best rate your lender has to offer." (2004) BusinessWeek: "FICO scores generally fall between 550 and 800, ...
Most credit scores – including the FICO score and VantageScore 3.0 – operate within the range of 300 to 850, and a good credit score is typically one that is 700 or above. Within that range, there are different categories, from bad to excellent.
15% - Time credit has been in use (opening date) 15% - Types of credit available (installment loans, revolving and debit accounts) 5% - Pursuit of new credit (number of inquiries) The most important factor for a good credit score is paying your bills on time.
A 680 FICO score is considered only a fair credit rating, according to the standards set by the Fair Isaac Corporation. The calculation for each of the three major credit reporting bureaus -- Experian, Equifax and TransUnion -- is based on the credit history that each company has for you.