Many people who are looking to build their FICO scores stronger have often asked “what is a good credit score range to be in?”. To answer a question like that you must first consider what is a credit score rating and exactly what those scores represent.

Although the credit bureaus do not like to share such information with the general public, you can still get a pretty good understand about this credit score scale based on your knowledge of other peoples credit history. Especially if you are in the financial industry, you will know a lot about the credit reporting if you are having pull peoples credit score every day.

Understanding The Credit Score Rangecredit score range

The lowest range available is 350 to 500.

This credit score range is definitely the worst to be in. Your really would have to trash your credit pretty bad to be in this area. Those that wind up here have a really hard time recovering their FICO score and building it back up again. It is highly recommended to seek credit counseling and credit restoration from experts if you want immediate improvements.

The second lowest range is the 500 to 650 area on the credit score range.

This is not as bad of a place to be but certainly will not allow you many options for getting loans, and if you do get loans your interest rates will not be very attractive. Many people in this range will still be allowed credit cards but will start out with low credit limits and high interest rates.

The 650 to 720 area is a great improvement.

It and will allow you much more freedom to acquire loans and pretty decent interest rates. No days you may be accepted for some attractive FHA loan programs is you were to get a mortgage for you home and have one of these scores.

A 720 to 800 score gives you major bragging rights!

When your credit score range exceeds the 720 mark and goes up to 800 and beyond then you will definately get the prime and supreme deals for any kind of financial matter you are interested in engaging in. Lenders will be hounding you with information in the mail about the latest and greatest credit cards and loan programs because you a prime candidate for any loans.

The Best Credit Score Range

Although many claim that 850 is the highest you can go on the credit score chart, many believe that it is possible to get into the 850+ range. This has not yet been documented and is a pretty gray area since the credit bureaus do not come out and say this. But if you are anywhere in the 800 and above range then you should be feeling pretty good about your lending potential.

Hopefully this will give you a better understanding about what a good credit score range can be so that you are more educated when entering a loan office.

=> Go HERE to Check your Official Credit Score