650-699 Credit Score Guide

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If you have a credit score which falls in the 650-699 range, and you’re not sure what that means, you’ve come to the right place!

Let’s dive deeper into what a credit score in this range means, how you rate, and how to go about improving your score.


How Does a 650-699 Credit Score Rate?

Warning This Score is “Fair” – Needs Improvement

Most credit scores including FICO and VantageScore range from 300-850, the higher the better. Within that range, there are different categories, ranging from very poor, to excellent.

How a 650-699 credit score rates on the scale:

(Source: Experian)

Summary: What Does “Fair” Credit Mean?

A Fair Credit Score is seen by many lenders to be an acceptable credit risk, usually approved for credit, but you will most likely not receive the more competitive rates and terms that having a Good Credit Score can provide.

What does that mean?

It means your approval odds are pretty good (for loans, credit cards, etc). But you will end up paying hundreds or even thousands more in interest, since your credit is not “Good” or “Excellent”.

The best credit cards and loans are reserved for “Good” credit scores (above 700).

Any score below 700 could use some improvement. If you want some of the best rates and terms lenders have to offer, then you will want to work on raising your credit score to at least 725.

My score skyrocketed 111 points. Here’s how I did it.

Check out these pages for specific information on credit scores in this range:

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