Most lenders consider a score between to be "Good," while anything above 800 is considered "Excellent".
: A strong score can save you nearly $17,000 in interest over just a 5-year mortgage term on a $350,000 home. good credit rating
: Landlords and employers often check credit reports. A poor rating can make it difficult to rent the home you want or secure certain professional roles. 5 Habits to Build and Maintain Your Rating Most lenders consider a score between to be
Maintaining a good rating is about consistency and planning, not necessarily being debt-free. not necessarily being debt-free.