Here’s a breakdown of what’s typically considered a “good” credit score.
Most credit scores range from 300 - 850, and typically:
- Scores between 700-749 are considered “Good”
- Scores 750 and above are considered “Excellent”
Your scores are based on credit factors like how often you make payments on time and how many accounts you have in good standing. Your scores can be different depending on which scoring model is used and how the model weighs each credit factor. On Credit Karma, you’ll see your VantageScore 3.0 credit scores from TransUnion and Equifax, two of the three major consumer credit bureaus.
Keep in mind that specific credit scores aren’t a guarantee for approval, it’s just one of the factors that a lender can consider.