What do you consider to be a "good" credit score?

[new_mommy78]

My friend and I were having a discussion about credit scores the other day. She was saying that she thought anything over 600 was a "good" score. I was thinking that it needed to be at least 675-700 to be considered "good" and should be at least 775-800 to be considered excellent. She thought I was just being a snob and said it was basically impossible for the average family to have a credit score over 750.
So what to you think is a "good" credit score?

[KaleidoscopeEyes]

720 - 850: Excellent
680 - 720: Good
640 - 680: Fair
350 - 640: Poor
000 - 349: No Credit

dh's score was 810 when we bought our house 3 years ago. i imagine its even better now

[mgmsrk]

Originally Posted by new_mommy78 She thought I was just being a snob and said it was basically impossible for the average family to have a credit score over 750.

Her definition of "average" must only include people who take on debts and don't bother to pay them off. A 750 score is pretty easy when you pay your bills.

I would put good around 720, I believe that is the area that most lenders(not high risk) are looking at to qualify for a mortgage or other large loan.

[raymark]

I personally consider anything under 700 to be pretty bad.

[Pixi6s]

I agree with you. Ours is always over 750, not hard for a family that pays their bills.

Seems like not the best talk to have with friends. Similar to talking about salaries....

[joeslittlewoman]

Bankers have always told me 680 or above is good. We both fall into the excellent category and do not have debt other than mortgage.

[ctj101502]

Over 700 imo... We are around 730, the only reason it is that low is due to having too much in open lines of credit. I hadn't realized till recenlty we have nearly 30K in open credit available and started closing a few that weren't used....

[meeshkasheeba]

once you hit 720 you are getting the best rates. I would call that excellent. I think 680 or 700 is the next bracket down.