600 Credit Score: Is it Good or Bad?
Your score falls within the range of scores, from 580 to 669, considered Fair.
A 600 FICO® Score is below the average credit score.
Some lenders see consumers with scores in the Fair range as having unfavorable credit, and may decline their credit applications.
What is a 600 credit score considered?
A 600 credit score is considered to fall in the “Fair” credit score range, which is 580 to 669. Roughly 26 percent of Credit Sesame members also fall into this range.
Can I get a house with a 600 credit score?
Generally speaking, borrowers with bad credit get charged higher rates. You could potentially qualify for an FHA home loan with a credit score of 600, 620 or 650. Most of the lenders we have spoken to within the last few months are setting the bar somewhere around 620 or 640, for FHA borrowers.
Can I get a car loan with a credit score of 600?
They normally qualify for competitive interest rates on their loans as well. However, even consumers with credit scores of 600 or less can get approved for an auto loan. Therefore, if a consumer finds that their credit score is 600 or lower, they should look for a dealership that handles special financing.