Will I get approved with a 700 credit score?
Rachel Davis
Updated on January 23, 2026
With a 700 score, you’ll likely be above creditors’ minimum score requirements. This means your application probably won’t be denied based on your credit score, but it won’t necessarily be possible to secure the highest loan amount or the best terms even with a good score.
Is 700 a good credit score to buy a car?
What Credit Score Do I Need to Get a Good Deal on a Car? To get an auto loan without a high interest rate, our research shows you’ll want a credit score of 700 or above on the 300- to 850-point scale. They almost always make their payments on time, and they pay their financing off as agreed in their loan documents.
How do I get my credit score from 700 to 750?
How To Increase Your Credit Score
- Check Your Credit Report. The first step you should take is to pull your credit report and check for errors.
- Make On-Time Payments.
- Pay Off Your Debts.
- Lower Your Credit Utilization Rate.
- Consolidate Your Debt.
- Become An Authorized User.
- Leave Old Accounts Open.
- Open New Account Types.
Can I buy a house with a 711 credit score?
Federal Housing Administration (FHA) loans: With a 3.5% down payment, homebuyers may be able to get an FHA loan with a 580 credit score or higher. U.S. Department of Agriculture (USDA) loans: In general, lenders require a minimum credit score of 640 for a USDA loan, though some may go as low as 580.
Why is a 700 credit score so important?
As you can see, a 700 credit score is typically considered Good. Why is Having a 700 Credit Score Important? Having a Good credit score can mean all the difference when applying for credit. Below is an example of how important your score is when purchasing a home. Two homebuyers want a $200,000 mortgage and both earn $55,000 a year.
What’s the best credit score you can get?
As you can see in the chart below, a Good credit score under the VantageScore model (typically used by TransUnion and Equifax) falls between 700 and 749. Similarly, a good credit score under the FICO Score model falls between 670 and 739. Comparing Good Credit Score Ranges by Scoring Model
Can you buy a house with a 700 credit score?
A 700 credit score meets the minimum requirements for most mortgage lenders, so it’s possible to purchase a house when you’re in that range. However, lenders look at more than just your credit score to determine your eligibility, so having a 700 credit score won’t guarantee approval.
Is it good to have a credit score of 750?
A 750 credit score is considered very good. Find out more about maintaining and improving your credit score.
