View Here : Is 747 A Good Credit Score
Good Credit. A 747 credit score is right on the border between “good” and “excellent” credit. In fact, the traditional school of thought is that good credit goes from a score of 660 to 719, while excellent credit spans from 720 to 850. But it doesn’t quite work out that way in practice.
Your FICO ® Score falls within a range, from 740 to 799, that may be considered Very Good. A 747 FICO ® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders' better interest rates and product offers.
The lower the number, the worse the credit score is. A 747 credit score is not great, but it is good. No, 747 is not a bad credit score. 747 is a good credit score. Someone with a credit score of 747 will probably be able to get a loan with good interest rates and favorable terms.
Short Answer. A credit score 747 is considered a good score. If you have a score in this range, you are very likely to be approved for credit cards and loans. You’ll also receive interest rates and credit terms that are better than average, saving you money over the course of your loan.
A 747 credit score is good. It enables a person to get good rates of interest and favorable terms. The score falls under the 747-749 category. All types of loans are available starting from a car, Rave, mortgage, business, and refinancing.
A credit score of 747 is known as a fair to a good score, so if you are planning to apply for a credit card with this credit score, then you wouldn't be having problems at all. While 747 is a good score, this does not mean that it's a great one.
If you are wondering if 747 credit score is “good” or “bad”, then you have no need to worry. The answer is that credit score under 747 is considered a good score and is actually very close to even qualifying the holder as an excellent credit risk.