What do you consider to be a "good" credit score? - Cloth Diapers & Parenting Community

new_mommy78 · 12-12-2012, 09:45 AM

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 · 12-12-2012, 09:56 AM

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 · 12-12-2012, 09:57 AM

Quote:

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 · 12-12-2012, 10:01 AM

I personally consider anything under 700 to be pretty bad.

Pixi6s · 12-12-2012, 10:03 AM

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 · 12-12-2012, 02:02 PM

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 · 12-12-2012, 04:56 PM

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 · 12-12-2012, 05:03 PM

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.

12-12-2012, 09:45 AM	#1
new_mommy78 Registered Users Join Date: Nov 2007 Posts: 1,603 Ratings: 8 Feedback: 100% My Mood:	What do you consider to be a "good" credit score? 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? __________________ Married to my best friend, and blessed to be a mama to 3 kiddos and expecting a new blessing in April

12-12-2012, 09:56 AM	#2
KaleidoscopeEyes Registered Users Join Date: Apr 2006 Location: Springfield Missouri Posts: 13,687 Ratings: 70 Feedback: 100% My Mood:	Re: What do you consider to be a "good" credit score? 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 __________________ Super crunchy, atheist, vegan(ish), liberal WOH and student mama to 4 wonderful, smart homeschooling kids Wesley 14, Seth 8, Pandora Moonlilly 3 and Nevermore Stargazer (11/2012) and married to the love of my life and SAH DH. Last edited by KaleidoscopeEyes; 12-12-2012 at 09:57 AM.

12-12-2012, 10:01 AM	#4
raymark Registered Users Join Date: May 2009 Location: Kansas Posts: 1,907 Ratings: 16 Feedback: 100% My Mood:	Re: What do you consider to be a "good" credit score? I personally consider anything under 700 to be pretty bad.

12-12-2012, 10:03 AM	#5
Pixi6s Registered Users Join Date: Apr 2009 Location: NH Posts: 4,860 Ratings: 40 Feedback: 100% My Mood:	Re: What do you consider to be a "good" credit score? 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.... __________________ Mom to LO#1 born 1/7/2010; Cloth diapered since day 1; Part-time EC since 9 months; Daytime PL since 29 months & LO#2 born 12/1/2013; first diaper was a tiny Swaddlebees Newborn Fitted! Curious of my Newborn Stash? Checkout my absorbency tests.

12-12-2012, 02:02 PM	#6
joeslittlewoman Registered Users Join Date: Feb 2011 Location: Oklahoma Posts: 3,828 Ratings: 54 Feedback: 100%	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. __________________ Wife to Joe. Proud, tired mommy to Captain Destructive (6/09), Sir Screams-a-lot (8/10), and another little miracle due 3/13. Trusting God brings life. Believing brings rest.