How good is a 700 credit score?
Yes, a credit score of 700 is good, but not excellent. Most lenders will consider you eligible for loans and credit cards, though the best interest rates and higher limits usually start once you cross 750.
From my experience, a 700 score often shows you have managed credit fairly well, but may have:
- Missed a few EMIs or payments in the past
- Used more than 30–40% of your credit limit at times
- Not built a long enough credit history yet
However, I would say, though you are in a safe zone, you have room to grow. The good part is, moving from 700 to 750+ does not need major changes, just steady habits:
- Always pay bills and EMIs on time
- Keep credit utilisation below 30%
- Avoid closing your oldest credit cards
I have seen people climb from 700 to the excellent range just by sticking to these simple steps. And once you touch 750+, lenders become far more flexible and offer lower interest rates, quicker approvals, and better credit opportunities.