FICO scores range from 300 to 850 points. Individuals with higher scores are considered a lower credit risk. Generally speaking, a score above 700 is considered very good. Consumers above the median score will get the best interest rates on credit cards and loans; as credit scores decrease, interest rates and fees will gradually increase. The following is a distribution of credit scores:


Above 730
Excellent credit
700 - 729
   Good credit
670 - 699
   Your file will be more closely scrutinized.
585 - 669
   You will not be eligible for better rates. You are deemed a higher risk.
Below 585
  Creditors will need to regard other information in your application and you may be limited by the types          of credit available