A FICO score below 660 is considered good while a score above 720 is likely to cause problems in obtaining a loan.

Name: A FICO score below 660 is considered good while a score above 720 is likely to cause problems in obtaining a loan.
Brand: Quizplus
Rating: 4.8 (54 reviews)

Question

Quizplus · Accepted Answer

The statement is incorrect. A FICO score below 660 is actually considered fair to poor, while a score above 720 is considered excellent and is more likely to result in loan approval with better terms and interest rates.

A FICO Score Below 660 Is Considered Good While a Score