By CreditNinja
Published on May 2, 2024

A 670 FICO Score belongs to the “good” credit category. 

While a 670 score is good, it’s also one point away from being classified as a “fair” score, which ranges between 580 and 669.

It’s always a good idea to try and improve your current credit score, especially if you are on the cusp of falling into a lower credit category. In this article, you will learn about your financial options with a good credit score and how you can work on obtaining an average score.

Key Takeaways for a 670 Credit Score

Overview of Your
Credit Rating

670 is generally considered to be “good” or “prime” across most credit scoring models.

Borrowing Options With a
670 Credit Score

You may qualify for various financing options, but your rates and terms may not be the best.

Improving a 670
Credit/FICO Score

Although you have good credit, your 670 FICO Score is still low. You can improve your score by reducing your credit card debt and avoiding late payments.

Is a 670 Credit Score Good?

According to FICO, a 670 credit score is good. However, borrowers with this specific credit score are in danger of dropping to the “fair” credit range. Poor and fair credit scores are generally considered to be subprime scores by financial institutions. If you want to maintain good credit, it’s essential to keep working on improving your credit score.

What Can You Get Approved for With a 670 Credit Score?

You can generally expect to get approval for the following loan options: 

Personal Loans

Borrowers with good credit score ranges can typically qualify for personal installment loans. An online personal loan is a convenient financing option because the qualification requirements vary based on the lender. This type of loan can be used for all types of personal expenses, so many people rely on them during financial emergencies. 

Bank Loans

Banks offer various types of installment loans for consumers. Many people apply with a bank when they need a large loan, such as a mortgage, home equity line of credit, or auto loan. While you may qualify for a bank loan with a 670 score, know that your rate will likely not be as low compared to someone with higher credit.  

Credit Cards

You may qualify for credit cards with a good credit score. However, while credit cards are a convenient financial tool, they can be very pricey. Credit cards usually have higher APRs than some loans, so it’s essential to use them wisely and avoid carrying too much debt

Here are a few credit card options for a 670 credit score:

  • Citi Double Cash® Card
  • Avant Credit Card
  • Capital One QuicksilverOne Cash Rewards Credit Card
  • Discover it® Student Chrome
  • Mission Lane Cash Back Visa® Credit Card
  • Upgrade Cash Rewards Visa®

Car Loans

You may be eligible for a car loan with almost any credit score. Car loans are secured loans, so they offer the lender protection in case of default. However, low APRs are usually only available for borrowers with good or excellent credit. It’s also important to know that interest rates are always higher for used vehicles due to value depreciation. 

Products To Help Maintain a 670 Credit Score

These products can help you maintain your good credit score:

Secured Credit Cards  

A secured credit card is a type of credit account that can help you improve your credit history. You provide the creditor with a refundable security deposit that works as your credit limit. By using your secured card to make purchases and managing it responsibly, you can polish up your credit history. 

Becoming Authorized Users

You can become an authorized user on someone else’s credit account to benefit from their credit history. Suppose a family member or friend has an excellent credit score and a credit account in good standing. Being added to their account as an authorized user, you can boost your credit score over time. 

Automatic Payments

Opting in for automatic payments can result in a positive payment history that boosts your credit score. A long history of timely payments shows that you are a responsible borrower, and this is reflected positively on your credit report.   

Benefits of a 670 Credit Score

Here are a few benefits you can expect to get with a good FICO Score:

Better Rates

Good credit scores can help borrowers get lower rates on financial products! A low APR can significantly reduce your loan fees. Lenders and credit card issuers usually only offer their best rates to applicants who are likely to make on-time payments.  

Higher Credit Limits 

A 670 FICO Score is a good score, which may help you get approved for higher credit limits. A high credit limit increases your spending and withdrawal limits. When you need money quickly for car repairs or other emergencies, you may not have to apply for a new loan with a high credit limit.  

Easier Approval Process

Borrowers with good credit scores generally experience an easy approval process. Good FICO Scores indicate that you are capable of managing your financial obligations, so you may get approved with almost any lender. 

How To Maintain Your 670 Credit Score

You can maintain a good credit score by following these helpful tips:

Maintain Low Debt

Too much credit card debt can decrease credit scores. Most borrowers that have higher credit scores use less than 30% of their total credit limits. In order to maintain your current FICO Score, only use your credit card when you can pay the balance in full. 

If you currently have a lot of existing debt, you can try one of the following repayment methods:

Make Timely Payments

A credit scoring model is a statistical tool used to help financial institutions evaluate creditworthiness. There are different credit scoring models that lenders use, such as FICO and VantageScore. Both of these models place a lot of importance on payment history. If you have no late payments on any of your credit reports, you can maintain your good credit score. 

Here’s a table that outlines how late payments can affect credit:

Payment Delinquency

Potential Impact on Credit

Additional Consequences

Payments less than 30 days late

Minimal or no impact if paid before 30 days past due

Late fees may apply; lender may issue a warning

30 days late

Moderate drop in credit score

Late fees; recorded on financial report; may affect ability to get favorable rates

60 days late

Significant drop in credit score

Increased late fees; higher interest rates; further negative impact on financial report

90 days late

Severe drop in credit score

Potential for increased interest rates on other credit lines; loss of promotional interest rates

120+ days late

Very severe drop in credit score

Account may be turned over to collections; significant long-term impact on creditworthiness


Extreme drop in credit score

Account is closed and written off as a loss by the creditor but still owed; heavily impacts ability to obtain future credit

Foreclosure, Repossession

Extreme drop in credit score

Loss of home or vehicle; long-term negative impact on credit report (up to 7 years)


Most severe impact on credit score

Most damaging credit event with long-term consequences (7-10 years on credit report)

 Limit Credit Inquiries 

Credit inquiries require hard credit checks, which can decrease credit scores by as much as ten points! If you want to maintain or even improve your credit score, it’s critical to avoid having too many inquiries on your credit reports. According to Consumer Attorneys, individual consumers are expected to average around two hard inquiries a year.¹

FAQs About 670 Credit Scores

Absolutely! Regardless of your FICO Score, you’re entitled to a free report from each of the three major credit bureaus once every 12 months. This report doesn’t just give you a number but also provides insight into what factors are affecting your score, such as credit utilization rate and the status of your credit accounts.

Yes, a 670 score might mean you’re offered slightly higher interest rates on loans and credit accounts than someone with a higher score. Lenders view borrowers with higher FICO Scores as less risky, hence the better terms. However, don’t be discouraged. Shopping around and negotiating with lenders can still land you competitive offers.

Credit bureaus typically update your credit report with new information from your creditors once a month. Consequently, your FICO Score can change based on this new data, such as changes in your credit utilization rate or the opening of new credit accounts. Staying on top of your financial behaviors, like consistently making payments on-time and managing your debts wisely, will positively influence these updates.

What Interest Rate Can I Get With a 670 Credit Score?

The higher your score, the lower the risk you represent to anyone who lends you money. Even though your credit rating qualifies as “good,” it is still lower than the national average. For this reason, you may not get the most attractive rates on financial products. The good news is that there are ways to reduce your interest fees, such as making more than one monthly payment or increasing your monthly payment amount. 

Can I Buy a House With a 670 Credit Score?

Qualifying for a home is possible if you have a 670 FICO Score. While you have good credit, your score is still pretty low. If you want to get low rates and provide a low down payment, you could consider using an FHA loan. 

FHA loans are backed by the Federal Housing Administration, which allows prospective home buyers with low credit and low income to purchase a primary residence. In 2023, FHA helped 765,000 families purchase homes.² Eligible applicants with credit scores higher than 580 can get mortgage loans worth 96.5% of the home value and provide a down payment as low as 3.5%. 

Top 5 Resources for a 670 Credit Score

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