What’s considered a good credit score?

If you’re trying to build or maintain healthy credit, knowing what’s considered a “good” score can be helpful. As you know, a good credit score can help you get approved and get better rates for loans and other credit.

Higher is generally better, but it’s hard to say specifically what a “good” score is. What’s considered a good score can differ by lender and based on the credit you’re applying for. There are also different scoring models, so a good score may vary depending on what product or services you use to see your scores. That said, read on to learn what a good credit score range is when you check your score with TransUnion.

Credit score ranges

The credit score you see from TransUnion is based on the VantageScore^® 3.0 model. Scores in this model range from 300 to 850. A good score with TransUnion and VantageScore 3.0 is between 661 and 720. As your score climbs through and above this range, you can benefit from the increased freedom and flexibility healthy credit brings. Some people want to achieve a score of 850, the highest credit score possible. Having this “perfect” score may feel like a win, but nothing specific unlocks if you hit that magic number.

 

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