Is 663 a good credit score? How can I make it higher?

September 13th, 2010 by admin | Filed under Good Credit Scores.

I have a credit score of 663, and I still have a car loan, and a credit card with 1,000 dollars I owe on it. I make the monthly payments, but will my credit score not go up until I pay all those off? And is 663 a good score for now?

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3 Responses to “Is 663 a good credit score? How can I make it higher?”

  1. stan c says:

    663 is good. Excellent is 750-850. To boost your score, get a small loan for 24 months and pay it back in 12.

  2. Mike says:

    It’s good the average is like 620. I don’t know how to raise it, maybe save more money.

  3. bdancer222 says:

    The median FICO score is 720. Is that 663 an actual FICO or is it Vantage? Vantage scale goes to 990 intead of FICO’s 850.

    Carrying balances on your credit cards of more than 30% of your available limit, hurts your score. Pay off the credit card and get a quick boost to your score.

    Other than that, it’s just a matter of time. You need at least 24 months of consistent, on time payment history to improve your score. The longer the history, the better the score.

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