Financial Education
Understanding Your 699 Credit Score
Most credit reporting models label a 699 credit score as “good” credit. Improve it by maintaining a positive payment history, paying off existing debts, and managing credit utilization. Try debt payoff strategies like the snowball or avalanche methods to reduce debt more effectively.
Consumers with this score are actually towards the top of the good credit range, with the “very good” credit score tier just 40 points away!
According to one of the main three credit bureaus, Experian, 21% of consumers in America have credit scores in the “good” credit range.1 In general, credit score ranges are categorized in the following way:
Here, you’ll learn all about the pros and cons of having a credit score of 699, as well as what you can do to maintain and even improve this kind of score.
Excellent
based on 12,847 reviews
Trustpilot
I have used Credit Ninja several times for fast short term loans.
“I have used Credit Ninja several times for fast short term loans. The process is fast and easy. Usually have money deposited in under 24 hours”.
Maria T.5 hours ago
Credit ninja is awesome lender.
“Credit ninja is awesome lender. Got my money deposited right away. No credit check. No hassles. Definitely recommend their services to my friends & family…”
Maria T.5 hours ago
Quick service and very easy to apply.
“Quick service and very easy to apply. Will definitely refer my friends and family”.
Maria T.5 hours ago
Key Takeaways for a 699 Credit Score
Overview of Your Rating
699 is towards the top of the “good” credit score range, just about 40 points away from the “very good” credit tier!
Borrowing Options
Most loan and credit card options should be available, but interest rates and terms may vary.
Improving Your Score
Stay on top of your due payments, watch your credit utilization, avoid acquiring new debts, and maybe consider diversifying your credit mix!
Is a 699 Credit Score Good?
Yes! Consumers with FICO credit scores of 699 are said to have “good” credit” In fact, everyone with a credit score between 670 and 739 falls into the “good” credit score range.
Pro Tip: Many lenders look beyond just the score. Consistent income and recent payment history can still unlock opportunities.
US Population Credit Score Distribution
25
20
15
10
5
0
300-579
580-669
670-739
740-799
800-850
Check out some of our partners...
Explore financial products tailored for your current credit standing. These partners specialize in helping people rebuild.
Credit Builder Account
Build credit while saving money simultaneously.
No hard credit pull required to apply.
Reports to all three major credit bureaus.
Learn More ›
Lease-to-Own Solution
Flexible lease purchase plans for essential items.
Simple process with instant decisions.
No credit required option available.
Learn More ›
Personal Loans
A personal loan is funding consumers can use for a wide variety of expenses. Personal installment loans can come with either high or low loan amounts so that they can be customized for just about any expense or purchase. Some common uses for personal loans include debt consolidation, car maintenance, emergency financing, or home repairs.
Bank Loans
Consumers can also access personal installment loans from a bank or credit union. Bank loans are designed for consumers with an excellent credit history, while consumers with an average or poor credit score may want to look into credit unions for loans instead of a bank.
Credit Cards
Credit cards are a revolving line of credit consumers can use to pay for just about any expense. Unlike a loan, consumers have access to a renewed credit limit at the start of each billing period without having to re-apply for funding. However, it’s extremely easy to rack up credit card debt when you are constantly spending your total credit limit and only contributing minimum monthly payments. So, it’s important to pay off your total balance as often as you can if you want to use your credit card responsibly.
Action Plan
Action Plan
Action Plan
How to Maintain Your 699 Score
Keep Credit Accounts Open
Keep your credit accounts, like credit cards, open, even if you don’t use them regularly. You’ll benefit from having a longer credit history and keep your credit utilization rate intact!
Mind Your Payment History
Making on-time payments is perhaps the most important thing you can do to maintain or improve your credit scores. Helpful tools like autopay can help consumers avoid late payments and maintain a pristine payment history!
Monitor Your Credit History
Don’t just leave it to the credit monitoring services to keep tabs on your credit reports. Consumers should keep an eye on their own credit reports to see how their spending and financial habits are affecting their overall credit history. While consumers typically have access to a free credit report from each major credit bureau at least once a year, it’s probably a good idea to check your credit reports more often than that.
Can I Buy a House With a 699 Credit Score?
Securing a mortgage is one of the most in-depth financial processes out there. With a good credit score, you will still have to search around and compare offers to make sure you get the best deal on a mortgage.
Other factors besides credit scores that lenders will consider for mortgage loan approval are:
Other factors besides credit scores that lenders will consider for mortgage loan approval are:
Mortgage Type
Description
Credit Score Requirements
Key Features
FHA Loan
Insured by Federal Housing Administration.
As low as 500 with 10% down.
Lower down payment requirements.
VA Loans
Backed by Dept. of Veterans Affairs.
Typically 620 (varies by lender).
No down payment required; no PMI.
USDA Loans
For homebuyers in rural/suburban areas.
640 for automatic underwriting.
No down payment required.
Disclosure: This table provides estimates; requirements and features can vary by lender and situation.
Related Credit Scores
Top Resources for a 699 Credit Score
Brand
Loans like illinois lending®
Comparing loan options can be tough, especially if you have good credit and lots of options to choose from. One…
Read More ›
Brand
Loans like blue eagle credit union®
Unexpected expenses happen, and in some cases, a loan can be a helpful solution to a short-term need. When looking…
Read More ›
Brand
Loans Like Net Pay Advance: Compare Online Alternatives
Loans like Net Pay Advance include short-term loans that give fast cash with simple applications. These loans provide quick access…
Read More ›
Brand
Loans like loannow®
Many Americans turn to loans when they need extra funds to make ends meet. According to Statista, as of December…
Read More ›
Brand
Loans like 1F cash advance®
A loan is a commonly used option when someone needs to pay for an emergency or unexpected expense. If you…
Read More ›
Brand
Loans like Lendumo®
Lendmo is an online tribal lender that offers installment loans. Similar lenders to Lendmo include River Valley Loans, Mawka Finance,…
Read More ›Quick and easy Personal Loans up to $5,000*
Don’t let unplanned expenses ruin your budget. Apply today and get back on track.