That number seems to keep moving. Years ago, you wanted it to be over 720, but now it seems you can get low rates with a score in the 600's. Fair Isaac scores range from 300-850. The bureaus have their own scoring models, so the ranges could be different. A great website to look at is myfico.com. Fair Isaac set that up as a consumer resource and they did a great job of it. They are pretty up to date on what car lenders are viewing as good, bad, and mediocre. Let's say, you want to get a $250,000 equity line of credit on your house with a major bank. They are probably looking for a credit score of at least 750, but that doesn't mean you can't get a loan. A first mortgage on just a regular house could be different, and some other number might be considered. Those are moving targets that seem to be getting more lenient. Over 650 is generally considered good, where below 620 is problematic on mortgage loans. Having a delinquent payment history or owing too much credit will bring a score down. Bankruptcy sort of falls under the umbrella of delinquent credit history.
