What is a Good Credit Score?

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A good credit score can make a real difference in your life, whether it's getting a loan, buying a car, or renting an apartment.

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According to Forbes, a good credit score saves you about $35,000 per $100,000 you borrow for a mortgage.

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If you are trying to improve your credit score, it's essential to know what a good credit score is and the steps to getting one.

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With something as important as credit, you'll want to know what precisely good means. Thankfully, the answer to "what is a good credit score" is made transparent by FICO.

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Your credit score is a number in the range from 300 to 850, and Americans with a credit score above 670 have a "good" credit score.

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However, as you optimize your finances and grow your net worth, it's helpful to shoot for a credit score as close to 850 as possible.

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However, as you optimize your finances and grow your net worth, it's helpful to shoot for a credit score as close to 850 as possible.

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Learn more about Credit Scores

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