If you do qualify, you'll likely pay a higher interest rate and fees than if your scores were 'Good'. With a credit score of 658, you'll likely find it difficult to qualify for some credit card, mortgage, and loan products. What You May Qualify For With Your 658 Credit Score Based on this, your credit score is below the national average. Excellent: 780 to 850According to, the average credit score in the United States was 711 in 2021.We categorize credit scores as 'Poor', 'Fair', 'Good', and 'Excellent' using criteria similar to what mortgage lenders use: How We Categorize Credit ScoresĬredit scores range from a low of 350 to a high of 850. It also ignores where you live, your age, salary, occupation, job title, employer, employment history, and any items reported as child or family support obligations. The FICO credit scoring model ignores factors such as race, color, religion, national origin, gender, and marital status. Too many new accounts can damage your credit scores. Be careful when applying for new credit cards or loans. Lenders like to see a mix of different types of credit accounts, such as revolving (credit card) accounts and installment loans like mortgages, car loans, etc. Avoid closing old accounts unless absolutely necessary. Length of credit history contributes to good credit scores. This is important even if you pay off your credit cards in full every month. Ideally, you want to keep your utilization on credit cards below 30% of the credit limit. If you have high utilization (i.e., you're "maxed out") on your credit cards, expect your credit scores to take a hit even if you make your payments on time. Payment history is also commonly evaluated as a separate lending criteria for many types of loans (for example, mortgages). Making your payments on time is one of the most important factors that determine your credit scores. According to, there are five main factors that went into calculating your 658 credit score: There are multiple credit scoring models available, but the one most commonly used by lenders is the FICO. Late payments are the most significant factor in the FICO score, and they can hurt your score considerably, even with just one late payment.06-OctPersonal Loan Rates For a 658 Credit Score How Your Credit Score Is Calculated These cards can help improve your credit score, but only if you pay the credit card bill on time, every time. There will be some exceptions, of course, but don't count on it. While the credit limit will vary from one card to the next and one applicant to the next, expect credit limits in the hundreds of dollars, not thousands of dollars. As you compare cards, make sure you understand how the fees work. Many of the cards in our list charge no annual fee, and the others offer a reasonable fee. ![]() Some credit cards designed for fair credit charge exorbitant fees. There are plenty of ways to see your score for free. Even a few points can make a difference between qualifying for a credit card or not, or perhaps getting a better card. Read our Review 4 Tips to Getting a Credit Card with a Score of 650 to 700 Their underwriting process, and these factors can change at any time. In addition, keep in mind that credit card issuers use a number of factors in We have no way to confirm the accuracy of this data. The following credit score data are based on publicly available information we have collected from various forums. ![]() For FICO scores in this range, these cards offer a good chance of approval, report payments to all three major credit bureaus, offer reasonable terms, and can help improve your credit score. The following cards are designed for individuals with credit scores in the 650, 660, 670, 680, or 690 ranges. At the same time, it's not quite high enough for the best credit cards. Finding the best credit card for 650 credit score and above can be tricky.Ī score in the high 600s is good enough to avoid bad credit credit cards. That's high based on historical standards, as the average score typically falls in a range of 650-699. In the most recent data released by FICO, the average score was 714. The average credit score varies from year to year. Commissions do not affect our authors’ or editors’ opinions or evaluations. Learn More HereĬredit Score Disclosure: credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.Įditorial Note: We earn a commission from partner links on Doughroller. DoughRoller does not include all companies or all offers available in the marketplace. ![]() This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Advertiser Disclosure: The offers that appear on this site are from companies from which DoughRoller receives compensation.
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