How to improve your 695 Credit Score. A FICO ® Score of 695 provides access to a broad array of loans and credit card products, but increasing your score can increase your odds of approval for an even greater number, at more affordable lending terms.

Dec 13, 2024 · A 695 credit score is a fair credit score, not a good credit score. You generally need a credit score of 700 or higher to be classified as having good credit, so a credit score of 695 falls just short of that threshold.

Dec 7, 2023 · A 695 credit score is generally considered an average, or fair, credit score. Here’s what it means to have fair credit and how to build your scores.

Dec 12, 2024 · A 695 credit score is at the low end of the “good” band (690-719) on a credit score range of 300 to 850. A misstep could easily send your score into the “fair” range.

Dec 6, 2024 · For credit scores that range from 300 to 850, a credit score in the mid to high 600s or above is generally considered good. A score in the high 700s or 800s is considered excellent. About a third of consumers have FICO Scores that fall between 600 and 750—and an additional 48% have a higher score.

Dec 13, 2022 · According to Experian, the average American consumer has a FICO Score of 714 as of 2021, and anything in the range of 670 to 739 is generally considered to be a good credit score. Most lenders consider an 695 credit score to be an average credit score that shows you generally pay your bills on time.

Jun 20, 2024 · A 695 credit score generally places you in a favorable position to lease a vehicle, as it falls within the “good” credit category. While you’re likely to be approved for a lease, the terms, such as the amount of the down payment and the monthly payment, could be more favorable with a higher score.

In general, a 695 credit score will help you secure access to loans and lines of credit, though not necessarily at the most favorable interest rates available. Here, you’ll take a closer look at what a 695 credit score means and how it will impact your qualifying for different kinds of credit.

Aug 29, 2024 · Is 695 a good credit score? The FICO score range, which ranges from 300 to 850, is widely used by lenders and financial institutions as a measure of creditworthiness. As you can see below, a 695 credit score is considered Good. For context, the average credit score in America is 718.

Is 695 a good credit score? With a credit score of 695, you're on the upper end of the 'Good' range. This means lenders tend to view you as a generally reliable borrower, giving you access to a fairly broad range of credit offerings, decent interest rates, and loan terms.