Home › Questions › Credit Score › What is a “fair” credit score?
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January 17, 2025 at 12:32 pm #1189
Kikoff
KeymasterJanuary 17, 2025 at 12:51 pm #1197Kikoff
KeymasterA fair credit score is going to be on the low side. According to FICO scores, you have fair credit if your score ranges from around 580 to 669. For VantageScore, you have a fair credit score if it falls in the 601 to 660 range.
Different lenders could have slightly different versions of a “fair” score, but between 580 and 669 for FICO scores and 601 to 660 for VantageScore scores are good places to start.
As you might guess from the name, fair is not bad or poor, but it isn’t great either. A fair score doesn’t guarantee you much when it comes to various financial opportunities.
If you have fair credit, some of these things might be holding you back from increasing your score:
- Late payments
- Errors on your credit report
- High credit utilization
- Too many “hard” inquiries (from new credit applications often)
- Short credit history
These factors are good places to start, but you need to check and monitor your credit report regularly to see what’s going on in your case.
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