What’s Considered a Bad Credit Score?

Whats Considered A Bad Credit Score
GUIDE
Mike Randall
By: Mike Randall
Updated: June 3, 2020
Advertiser Disclosure

No one wants a bad credit score. We all know it affects what we pay for insurance and our ability to borrow money, land a job, or rent a house. Avoiding a bad credit score is just the smart thing to do.

But what’s considered a bad credit score? Is there a magic number that is seen as a risk? Actually, there is — but it’s a little complicated. In the following article, we’ll jump into this complex subject and offer our take on credit scoring and provide information on where you can turn to help repair your score.

Anything Below 660, Theoretically Speaking.

Everyone who has ever gotten a loan, charged something on a credit card, or paid a bill has a credit score. The scoring system the major credit rating agencies use is called the FICO system, and it has a range of between 300 and 850 points.

Using this system, a score of 850 is the best you can be assigned.

Depending on the credit rating agency you ask and what region of the country you’re in, the average credit score in the U.S. is between 660 and 700. Theoretically, this means a credit score below 660 is considered a bad credit score.

However, FICO itself considers a score of between 625 and 659 to be a “standard” rating. The score range they reserve for “subprime” is 624 and below.

If your credit score is above 700, you can be pretty sure banks and lenders will see you positively. Below 650 points or so and it’s a gamble.

If you are one of those unfortunate enough to have a score in the subprime category, there are things you can do to improve your credit score.

Lexington Law Credit Repair Can Help

By paying your bills when they’re due, you receive a positive weighting on your credit score. The more you meet your obligations and pay your debts, the better your credit score is likely to be. But if you should fall behind in your payments or default on a loan, your credit score will take a hit. And it doesn’t take too many of these hits to bring your credit score crashing down to earth.

A credit repair service can remove negative items from your credit reports. Lexington Law’s past clients have seen an average of 10.2 negative items removed from their credit reports within four months. It’s definitely worth it if you’ve got some things on your report dragging your score down.

  • Free consultation: 1-855-200-2394
  • Most results of any credit repair law firm
  • Clients saw over 9 million negative items removed from their credit reports in 2016
  • More than 500,000 credit repair clients helped since 2004
  • Cancel anytime
  • Click here for sign-up, terms, and details.
★★★★★

4.9

Overall Rating

Better Business Bureau In Business Since Monthly Cost Reputation Score
See BBB Listing 2004 $89.95 10/10

Consultations are free and there’s never any obligation. Lexington Law also has a good reputation, sporting 4.5 stars with Consumer Affairs.

A Secured Credit Card is Another Good Option

A secured credit card can actually help boost your score when you use it responsibly. By responsibly, we mean always paying your monthly bills on time, never missing a payment, and keeping your credit utilization ratio low. Here are the top-rated secured cards for folks looking to rebuild their credit as reviewed by our experts:

  • See if you’re Pre-Qualified with no impact to your credit score
  • All credit types welcome to apply
  • Up to $1,000 credit limit doubles up to $2,000! (Simply make your first 6 monthly minimum payments on time)
  • Free access to your Vantage 3.0 score from Experian* (When you sign up for e-statements)
  • Monthly reporting to the three major credit bureaus
  • Fast and easy application process; results in seconds
  • Use your card at locations everywhere Mastercard® is accepted
  • Mastercard Zero Fraud Liability Protection (subject to Mastercard guidelines)
  • Checking Account Required
  • Click here for official site, terms, and details.
★★★★★

4.8

Overall Rating

Application Length Interest Rate Reports Monthly Reputation Score
9 Minutes 24.99% - 29.99% (Variable) Yes 8.5/10
  • Start building your positive U.S. Credit history today
  • Get real-time credit history and make every purchase count towards building your credit. Plus, get $25 when you build your credit score to a 700+ credit score within 12 months of use.
  • Up to 2% cash back on select purchases up to 1% cash back on all other purchases
  • Mastercard Car Rental Insurance
  • Cell phone protection, including cracked screens
  • Zero liability on purchases and much more!
  • No annual fee or late payment fee
  • Click here for official site, terms, and details.
   
★★★★★

4.8

Overall Rating

Application Length Interest Rate Reports Monthly Reputation Score
10 Minutes Prime + 6.99% Yes 7.0
  • Up to $1,000 credit limit doubles up to $2,000! (Simply make your first 6 monthly minimum payments on time)
  • See if you’re Pre-Qualified with no impact to your credit score
  • All credit types welcome to apply
  • Free access to your Vantage 3.0 score from Experian* (When you sign up for e-statements)
  • Initial Credit Limit of $300 – $1,000* (subject to available credit)
  • Monthly reporting to the three major credit bureaus
  • Fast and easy application process; results in seconds
  • Use your card at locations everywhere Mastercard® is accepted
  • Checking Account Required
  • Click here for official site, terms, and details.
★★★★★

4.6

Overall Rating

Application Length Interest Rate Reports Monthly Reputation Score
24.99% - 29.99% (Variable) Yes 8.0/10

A secured credit card works the same as an unsecured card — the only difference is that it requires a deposit to secure your line of credit.

Remember, nothing is permanent. Our credit scores are being recalculated all the time. With a little help, you can quickly improve yours. And whether you’re carrying a secured or unsecured credit card, paying your monthly bill on time is one of the most important factors when it comes to determining your credit score.

Photo source: bobrutledge.com.

Advertiser Disclosure

BadCredit.org is a free online resource that offers valuable content and comparison services to users. To keep this resource 100% free for users, we receive advertising compensation from the financial products listed on this page. Along with key review factors, this compensation may impact how and where products appear on the page (including, for example, the order in which they appear). BadCredit.org does not include listings for all financial products.

Our Editorial Review Policy

Our site is committed to publishing independent, accurate content guided by strict editorial guidelines. Before articles and reviews are published on our site, they undergo a thorough review process performed by a team of independent editors and subject-matter experts to ensure the content’s accuracy, timeliness, and impartiality. Our editorial team is separate and independent of our site’s advertisers, and the opinions they express on our site are their own. To read more about our team members and their editorial backgrounds, please visit our site’s About page.