Is 759 a good FICO score?

Asked by: Estrella Smith  |  Last update: February 22, 2023
Score: 4.6/5 (33 votes)

Your FICO® Score falls within a range, from 740 to 799, that may be considered Very Good. A 759 FICO® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders' better interest rates and product offers.

Can I buy a house with 759 credit score?

Can I get a home loan with a credit score of 759? The minimum credit score is around 620 for most conventional lenders, so you should be able to qualify with no issues.

Can I get a car loan with a 759 credit score?

With a score of 750 to 759, you are in the second-best credit score range for auto loans and you will pay relatively low interest rates. If your score is between 750 and 759, it's worth spending some time building up your credit in order to move into a “superprime” range.

What is the average FICO score for good credit?

The base FICO® Scores range from 300 to 850, and FICO defines the "good" range as 670 to 739. FICO®'s industry-specific credit scores have a different range—250 to 900. However, the middle categories have the same groupings and a "good" industry-specific FICO® Score is still 670 to 739.

What FICO score is needed to buy a house?

What's A Good Credit Score To Buy A House? Generally speaking, you'll need a credit score of at least 620 in order to secure a loan to buy a house. That's the minimum credit score requirement most lenders have for a conventional loan.

What You Need to Know About Your 740-759 Credit Score!

44 related questions found

What percentage of the population has a FICO score over 800?

Most lenders consider an 800 FICO® Score to be an exceptional score. About 21.8% of America has a credit score higher than 800 points. If you have a credit score of 800, it likely means that you manage debt well and never miss a loan payment.

What does 759 FICO score mean?

Your FICO® Score falls within a range, from 740 to 799, that may be considered Very Good. A 759 FICO® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders' better interest rates and product offers.

Is 750 a good credit score to buy a car?

If you have a credit score above 750, you can probably qualify for the best rates available and negotiate an excellent deal on your car. If your credit score is lower, see if you can give it a boost before you apply for a loan.

What's an excellent credit score?

Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.

What credit score do you need to get 0% financing on a car?

And if you're hoping to score a 0% APR car loan, you'll likely need a very good or exceptional FICO® Score , which means a score of 740 or above. Before you start shopping for a new vehicle, take some time to check your credit score to see where you stand.

Is 750 a good credit score to buy a house?

A 750 credit score generally falls into the “excellent” range, which shows lenders that you're a very dependable borrower. People with credit scores within this range tend to qualify for loans and secure the best mortgage rates. A 750 credit score could help you: Qualify for a mortgage.

How do you get an 800 credit score?

How to Get an 800 Credit Score
  1. Pay Your Bills on Time, Every Time. Perhaps the best way to show lenders you're a responsible borrower is to pay your bills on time. ...
  2. Keep Your Credit Card Balances Low. ...
  3. Be Mindful of Your Credit History. ...
  4. Improve Your Credit Mix. ...
  5. Review Your Credit Reports.

What interest rate can I get with a 750 credit score?

Your 750 credit score will likely get you an average interest rate of 2.36 percent on a 30-year loan. In comparison, if you had credit in the good range, you'd get an average mortgage interest rate of 2.58 percent.

Is FICO score the same as credit score?

Basically, "credit score" and "FICO® score" are all referring to the same thing. A FICO® score is a type of credit scoring model. While different reporting agencies may weigh factors slightly differently, they are all essentially measuring the same thing.

Is 761 a good credit score?

Your score falls within the range of scores, from 740 to 799, that is considered Very Good. A 761 FICO® Score is above the average credit score. Consumers in this range may qualify for better interest rates from lenders. 25% of all consumers have FICO® Scores in the Very Good range.

How big of a personal loan can I get with a 750 credit score?

Since a credit score of 750 is in the excellent credit range, people with this score should have great odds of qualifying for nearly any personal loan on the market, including those with a low APR and no origination fee. That's assuming they have a good income and meet the lender's other requirements, though.

How can I raise my credit score from 750 to 800?

5 Habits To Get 800+ Credit Score
  1. Pay Your Bills on Time – All of Them. Paying your bills on time can improve your credit score and get you closer to an 800+ credit score. ...
  2. Don't Hit Your Credit Limit. ...
  3. Only Spend What You Can Afford. ...
  4. Don't Apply for Every Credit Card. ...
  5. Have a Credit History. ...
  6. What an 800+ Credit Score Can Mean.

Is a 760 FICO score good?

Your score falls within the range of scores, from 740 to 799, that is considered Very Good. A 760 FICO® Score is above the average credit score. Consumers in this range may qualify for better interest rates from lenders. 25% of all consumers have FICO® Scores in the Very Good range.

Is a FICO score of 8 good?

Consequently, when lenders check your FICO credit score, whether based on credit report data from Equifax, Experian, or TransUnion, they will likely use the FICO 8 scoring model. FICO 8 scores range between 300 and 850. A FICO score of at least 700 is considered a good score.

Can you have an 850 credit score?

Yes. An Experian study found that as of 2019, 1.2% of all credit-holding Americans had a FICO score of 850. A perfect score generally requires years of exemplary financial behavior, like making on-time payments, keeping a low credit utilization ratio, and maintaining a long history of credit accounts.

What is the highest FICO score?

It's considered the unicorn of the financial world: a perfect credit score, the highest number a consumer can achieve within a credit scoring system. For the FICO® Score , one of the most commonly used credit scoring models, that mythical and seemingly impossible figure is 850. (FICO® Scores range from 300 to 850.)

Is 792 a good FICO score?

Your FICO® Score falls within a range, from 740 to 799, that may be considered Very Good. A 792 FICO® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders' better interest rates and product offers.

What percentage of the population has a credit score over 760?

It's extremely difficult to reach a perfect credit score, though. Only 20% of Americans have a credit score of 800 or higher. Even if you're one of the people with the best credit score in the country, you might not reach 850.

Does FICO go to 900?

Both the FICO Auto Score and FICO Bankcard Score range from 250 - 900. This means that the answer to the question, "How high can a FICO Score go?" is 900 .