A FICO score is a measure of an individual’s creditworthiness, based on their credit history. The FICO score assigned to an individual is generally between 300 and 850, and the higher the score, the better their creditworthiness is considered to be. A 687 FICO score puts an individual in the “good” category and indicates that they are a reliable borrower.
Table Of Content:
- 687 Credit Score: Is it Good or Bad?
- Is 687 a Good Credit Score? What It Means, Tips & More
- 687 Credit Score: What Does It Mean? | Credit Karma
- Is 687 a good credit score? | Lexington Law
- 687 Credit Score: Good or Bad? | Credit Card & Loan Options
- 687 Credit Score (+ #1 Way To Improve it )
- 687 Credit Score – Is it Good or Bad? How to Improve Your 687 ...
- How a 680 credit score affects your mortgage rate | 2022
- What Is A Good Credit Score? | Equifax®
- 687 Credit Score: Good or Bad, Auto Loan, Credit Card Options ...
1. 687 Credit Score: Is it Good or Bad?
https://www.experian.com/blogs/ask-experian/credit-education/score-basics/687-credit-score/
A FICO® Score of 687 falls within a span of scores, from 670 to 739, that are categorized as Good. The average U.S. FICO® Score, 711, falls within the Good ...
2. Is 687 a Good Credit Score? What It Means, Tips & More
https://wallethub.com/credit-score-range/687-credit-score/
A credit score of 687 is very close to being "good" credit. In fact, whether or not it qualifies as such is a source of debate, with the answer depending on ...
3. 687 Credit Score: What Does It Mean? | Credit Karma
https://www.creditkarma.com/credit-scores/687
Apr 30, 2021 ... A 687 credit score is generally a fair score. While a lot of people have fair scores, you may still find it difficult to get approved for ...
4. Is 687 a good credit score? | Lexington Law
https://www.lexingtonlaw.com/education/score/687
Oct 11, 2021 ... If you have a credit score of 687, you might be asking yourself, “is 687 a good credit score?” Luckily, the answer is yes: a score of 700 falls ...
5. 687 Credit Score: Good or Bad? | Credit Card & Loan Options
https://financejar.com/credit-scores/credit-score-range/687/
Nov 11, 2021 ... A credit score of 687 means that your credit reports show that you usually pay your bills on time. It indicates to lenders that you're a low- ...
6. 687 Credit Score (+ #1 Way To Improve it )
https://www.creditglory.com/credit-score/687-credit-score
Jul 1, 2022 ... A 687 FICO® Score is considered “Good”. Mortgage, auto, and personal loans are relatively easy to get with a 687 Credit Score. Lenders like to ...
7. 687 Credit Score – Is it Good or Bad? How to Improve Your 687 ...
https://www.creditrepairexpert.org/687-credit-score/
687 Credit Score – Is it Good or Bad? How to Improve Your 687 FICO Score. Before you can do anything to increase your 687 credit score, you need to identify ...
8. How a 680 credit score affects your mortgage rate | 2022
https://themortgagereports.com/18447/fico-credit-score-home-buyer-mortgage-rates
Nov 11, 2021 ... Furthermore, only 10% had credit scores less than 687, according to the data. So when mortgage lenders are looking at a 680 credit score, ...
9. What Is A Good Credit Score? | Equifax®
https://www.equifax.com/personal/education/credit/score/what-is-a-good-credit-score/
Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to ...
10. 687 Credit Score: Good or Bad, Auto Loan, Credit Card Options ...
https://www.creditdebitpro.com/creditscores/687-credit-score/
A credit score of 687 is considered a “Fair” credit. It's perfectly average, and individuals with these scores won't have much trouble securing loans and ...
What does a 687 FICO score mean?
A 687 FICO score means someone has good creditworthiness and is seen as a reliable borrower by lenders. It usually indicates responsible financial behaviors such as timely payment history and low debt-to-income ratio.
What factors affect a person’s FICO score?
The main factors that affect a person’s FICO score are payment history, amount owed, length of credit history, new credit accounts opened, types of credit used and available credit. All these elements contribute to one’s overall score.
How can I maintain or improve my 687 FICO Score?
To maintain or improve your 687 FICO Score you should make sure to pay bills on time; keep balances low relative to your total available limit; avoid opening several new accounts in a short period of time; use both installment loans (e.g., auto loans) and revolving loans (e.g., credit cards); manage your debt responsibly; review your reports regularly for errors; apply for any new lines of credits only when needed.
Conclusion:
With good financial management practices and timely payments, maintaining or improving your 687 Credit Score should be achievable. A good Credit Score will help you secure better loan interest rates and other terms from lenders. Taking into account all the above-mentioned factors will ensure that you remain in the eyes of lenders as an attractive borrower with excellent creditworthiness.