Is 655 Credit Score Good or Bad?

The average credit score tends to be somewhere around 655, and that is where a lot of people will end up. They are probably going to start looking for ways to get higher than their 655 credit score, but they have to be sure that they have planned to get that higher score. There are a few steps here that help people get higher than their 655 FICO score, and a credit score of 655 could only be the beginning.

How Good Is The Score?

The score is not all that bad, but it is not one of the highest, either. Someone who has a score this high might not qualify for individual loans, and they might have to start looking in other places for the same kinds of services. This means that they are going to be able to get better results in the future even though they can get something right now. This is a good starting place, but it is probably not the ending point for anyone who is looking for credit.

The score is going to be relative all the time because some companies are going to think it is just fine, but others might believe that it is not high enough. It all depends on what people are going to be able to give you based on the score. Just take the score as it is today, and then you can start working on it to make it better. You are not at the bottom of the barrel, but you do need to make sure that you have a plan to make it better.

How Is It Calculated?

It is calculated by the credit bureau based on what they are going to show the good and bad parts of the credit score. Everyone has their way of handling this, and they need to be sure that they are working with people who handle credit scores regularly to figure out how they can get a higher score. It might also be smart to check the report to see if anything is out of order in the report.

You need to remember that the calculation is changing all the time, and that is going to be a problem for someone who is trying just to stay on one credit score. You need to now that it is going to move around here and there, and you are much better off if you have chosen to make sure that you are working on the score all the time. The calculations could even change, and that will help you get the score higher without much problem.

How Does This Look For Different Companies?

There is not then one kind of score range. Every company gets to use their own, and they all come out a little bit differently. There is a list here that tells you all of them, and they are all relative since they have different highs and lows.

– FICO Score: 300-850
– VantageScore 3.0: 300–850
– VantageScore (versions 1.0 and 2.0): 501–990
– PLUS Score: 330-830
– TransRisk Score: 100-900
– Equifax Credit Score: 280–850

You want to keep your credit score rising over the years, and you also want to be sure that you have checked it now and then to be sure that it is right. They could have wrong things on there, and you do not want to get out of balance with the credit bureau.

The question is 655 a good credit score is hard to answer. It certainly is not terrible, but it falls further down the range for some companies than others. There is where you might run into some problems, and you need to be sure that you have talked to someone who is going to help you get your score higher if you require help. They could give you advice, or it could be the credit bureau where you are going to get help changing the errors on the report.

The range that is used for every company puts you on a different part of the scale, and the only way to make these changes is going to use the range that was given to you by the company that you are trying to get credit with. All these companies are different, and they all have their ideas about what they want. You just have to be sure that you have spoken with someone who is going to help you get what you need to know so you can get the credit you need right now. You will be much more efficient financially when you have a better credit score, but you also need to be sure you are aware of what it is now. Someone might be happy to help you right now.

How Do I Increase 655 Credit Score?

The question of what does a 655 FICO score mean is all about how long it will take you to raise it. Some people will have to take a long time to do this, but it will be worth it in the end as they work on their credit. Other people are going to have to be sure that they are taking care of all their options for their credit score 655 ranks when they know that they do not have any other options.

Is 655 a bad credit score is a question that you cannot answer because it is just one score along the way to being more independent. The credit score rank that you have can change multiple times if you have planned to do something about it. Just think about how easy this will be to manage, and then start reading through all the options you have to make a change.

Increasing the score on the report is going to be much easier if you have a plan that you are willing to handle over the course of many years. The years that you spend on this are going to help you a lot, and they are going to provide you with a chance to change your life for the better. Some of the credit you get is going to be very helpful, and it will lead you to have a much better financial future.

Improving Your Credit Score

The first thing you have to do is go through the whole report to be sure that you have a credit score of 655 fairly. You might have things on there that are not yours at all. You might have something from your parents, or you might have something that comes from old reports that should have fallen off. You might see things that are not correct, and certain items might show as open when they are closed. You just need to be sure that you are going to check over the whole thing before you accept what you are being told.

You also want to make sure that you are going to get the best results for your changes. You can get alerts from a credit company that is going to help you, and that alone will make it a lot easier for you to get the results that you need. You just need to be sure that you have planned to get alerts and help from all the bureaus that will matter to you.

The 655 credit score is only the beginning if you start using other methods to fix your report. You need to do some real work on this that could take a couple of months, but you will find all that you need in the end if you are willing to make some changes to your report with the help of the credit bureau.

Getting More Help

Make sure that you have someone assist you with the 655 credit score you have, and also be sure that you are going to have someone with you who will take you through the process. There is a lot of free help out there that you can use, and it will show you the right way to fixing your credit score. Do not pay someone to do this, and be sure that you did a lot of the work on your own before you approach someone for help. Is 655 a bad credit score is only the beginning of the process for you. You need to be sure that you are working beyond the-the 655 credit score so that you will be able to enjoy the fruits of it in the future.

The best thing that you can do when you are working on your credit score is to use all the help you can get, use the tips you find and try to raise the score naturally. You can make the change soon your own that will see it go up, and you can help yourself by being sure that you have planned for better financial habits in the future.


Is a Credit Score of 655 Enough to Buy a Home?  In general, a 655 score is pushing on your ability to get a mortgage loan, and if you do qualify, your interest rates will be unfavorable.