Is a 670 Credit Score Good? Here’s What You Need to Know

You’ve checked your credit score, and there it is—a solid 670. You might be wondering, “Is that good? Bad? Somewhere in between?” While a 670 credit score isn’t terrible, it’s also not breaking any financial records. It sits comfortably in the “fair” range, like being picked for the team but not as captain. But don’t worry—this is your chance to level up.

In this guide, we’ll break down what a 670 credit score means, how it impacts your financial opportunities, and what you can do to boost it.

What Exactly Is a 670 Credit Score?

Your credit score, ranging from 300 to 850, is like a report card for your financial habits. A score of 670 typically lands in the “fair” category, though some scoring models may consider it “good.” Here’s how it breaks down:

• 300–579: Poor
• 580–669: Fair
• 670–739: Good
• 740–799: Very Good
• 800–850: Excellent

A 670 score tells lenders that you’re somewhat reliable but may have a few financial missteps in your past. It’s not a red flag, but it’s also not a golden ticket.

How a 670 Credit Score Affects Your Life

While a 670 credit score won’t lock you out of loans and credit opportunities, it might make things a bit more expensive or tricky. Here’s how it could impact you:

1. Loan Approvals
You’re likely to qualify for personal loans, auto loans, and credit cards, but not always at the most competitive rates. Lenders might approve you, but they’ll hedge their bets with higher interest rates.

2. Credit Card Options
Credit cards with premium perks or rewards might be just out of reach, but there are still plenty of solid choices available. Some cards may come with higher annual fees or lower credit limits.

3. Renting an Apartment
Landlords often check credit scores, and a 670 might raise a few questions. While it’s unlikely to disqualify you, you might need to provide additional documentation or a higher deposit.

4. Insurance Rates
In some states, insurance companies use credit scores to determine premiums. A 670 score could mean paying slightly more compared to those in the “excellent” range.

What Brings a Credit Score to 670?

A score of 670 is often the result of a mix of positive and negative factors:

• Consistent Payments: You’ve likely made most of your payments on time, though there could be a few late ones.
• Moderate Credit Utilization: Using more than 30% of your credit limit can drag your score down.
• Short Credit History: If you’re new to credit, your score might be capped at this level for now.
• Derogatory Marks: Things like collections or defaults can still linger on your report, affecting your score.

Strategies to Improve Your 670 Credit Score

The good news? A 670 credit score is totally fixable. Here’s how you can take it to the next level:

1. Pay Bills On Time, Every Time
This is the golden rule of credit. Late payments are one of the biggest factors dragging scores down. Setting up autopay or reminders can help you avoid them.

2. Lower Your Credit Utilization
Aim to keep your credit utilization ratio below 30%. For example, if your total credit limit is $10,000, try not to carry a balance of more than $3,000 at any given time.

3. Check Your Credit Report for Errors
Mistakes happen, and they can hurt your score. Get a free copy of your credit report from AnnualCreditReport.com and dispute any inaccuracies.

4. Don’t Close Old Accounts
Older accounts help build credit history. Even if you’re not using a card, keeping it open can contribute positively to your score.

5. Diversify Your Credit Mix
Having a mix of credit types—like credit cards, installment loans, and a mortgage—can boost your score. Just be cautious about taking on new debt.

6. Limit Hard Inquiries
Each time you apply for credit, a hard inquiry is added to your report, which can lower your score temporarily. Be selective about new credit applications.

How Long Does It Take to Improve a 670 Credit Score?

The timeline depends on what’s holding your score back. If it’s high credit utilization, paying down balances could improve your score in just a few months. If you’re recovering from late payments or derogatory marks, it might take a year or more to see significant progress.

Patience and consistency are key. Think of it like planting a garden—you won’t see blooms overnight, but with care, they’ll come.

Personal Story: From 670 to 750

A few years ago, I found myself sitting at a 670 credit score. It wasn’t terrible, but I knew I could do better. I started by tackling my credit card balances. By cutting back on non-essentials and funneling extra money into debt repayment, I lowered my utilization ratio.

Next, I reviewed my credit report and discovered a small error—a medical bill I’d already paid was showing as delinquent. Disputing it through the credit bureau was surprisingly straightforward, and within weeks, my score ticked up.

Fast forward a year, and I’d hit 750. It wasn’t always easy, but the peace of mind and financial freedom were worth every bit of effort.

Why a 670 Score Isn’t the End of the Road

A 670 credit score is like being in the middle of a marathon. You’ve already made progress, but there’s room to go further. The right steps, like paying bills on time and managing debt wisely, can propel you into the “good” and “excellent” ranges before you know it.

Closing:
A 670 credit score isn’t the finish line—it’s a stepping stone. Whether you’re just starting to understand credit or looking to fine-tune your financial habits, there’s always room for improvement. With a bit of effort and a lot of patience, you can turn a fair score into a stellar one.

So, what’s your next move? Start small, stay consistent, and watch your score soar. The financial world is yours for the taking!