A 666 credit score is a fair credit score, not a good credit score. You generally need a credit score of 700 or higher to be classified as having good credit, so a credit score of 666 falls just short of that threshold. However, even with a 666 credit score, you still have opportunities to obtain decent credit cards or loans. It's worth noting that making slight improvements to your credit can significantly expand your options and lead to substantial savings.
Key Things to Know About a 666 Credit Score
Below, you can learn all about what you can and cannot do with a 666 credit score, the types of people who have 666 credit scores and the steps you can take to put more points on the board. Step one, of course, should be to check your latest credit score and get your personalized credit analysis from WalletHub.
Check Your Latest Credit Score – 100% Free
What Does a 666 Credit Score Get You?
| Type of Credit | Do You Qualify? |
|---|---|
| Store Credit Card | YES |
| Unsecured Credit Card with No Annual Fee | YES |
| Unsecured Credit Card with Rewards | YES |
| Home Loan | YES |
| Auto Loan | YES |
| Personal Loan | MAYBE |
| 0% Intro APR Credit Card | NO |
Note: It may be possible to qualify for a personal loan or 0% credit card in some cases, but it will be difficult to find a good offer.
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Credit Cards with a 666 Credit Score
The best type of credit card for a 666 credit score is a card with low fees and either rewards or a low APR promotion. You should compare credit cards with rewards if you plan to use your card for everyday purchases that you can pay off by the end of the month. If you’re planning big-ticket purchases that will take months to pay down, consider low interest credit cards.
Popular Credit Cards for a 666 Credit Score
Rewards with No Fee:Petal® 2 Visa® Credit CardPetal® 2 Visa® Credit CardLearn MoreLearn More- Cash Back:Capital One QuicksilverOne Cash Rewards Credit CardCapital One QuicksilverOne Cash Rewards Credit CardLearn MoreLearn Moreon issuer's website
- Fair-to-Good Credit:Upgrade Cash Rewards Visa®Upgrade Cash Rewards Visa®Learn MoreLearn Moreon issuer's website
- Store Rewards:Target Credit CardTarget Credit CardLearn MoreLearn More
- Rewards with No Fee:Petal® 2 Visa® Credit Card
- Cash Back:Capital One QuicksilverOne Cash Rewards Credit Card
- Fair-to-Good Credit:Upgrade Cash Rewards Visa®
- Store Rewards:Target Credit Card
Car Loans with a 666 Credit Score
People with credit scores below 700 receive more than 40% of all auto loans. Still, it’s important to compare your auto loan options carefully if you want to get a decent APR.
Mortgages with a 666 Credit Score
Around 25% to 30% of first mortgages go to borrowers with credit score below 700, depending on the year, so you should be able to finance your home purchase.
Student Loans with a 666 Credit Score
Student loans are some of the easiest loans to get with a 666 credit score, seeing as more than 60% of them are given to applicants with a credit score below 700. A new degree may also make it easier to repay the loan if it leads to more income.
Note: Borrower percentages above reflect 2020 Equifax data.
How to Improve a 666 Credit Score
- Dispute Inaccurate Entries on Your Credit Report
If you can prove that negative information on your credit report is inaccurate (or the source of the information doesn’t have the necessary documentation), you can dispute the record to have it corrected or removed. - Pay Off Collections Accounts
Once you bring a collection account’s balance down to zero, it stops affecting your VantageScore 3.0 credit score. - Reduce Your Credit Utilization
It’s best to use less than 30% of the available credit on your credit card accounts each month. You can reduce your credit utilization by spending less, making bigger payments or paying multiple times per month. - Pay All Your Bills On Time
Payment history is the most important ingredient in your credit score. Paying on time every month establishes a track record of responsibility as a borrower, while a single late payment on your credit report can set back credit improvement efforts significantly.
Ultimately, there are two types of 666 credit score. On the one hand, there’s a 666 credit score on the way up, in which case 650 will be just one pit stop on your way to good credit, excellent credit and, ultimately, top WalletFitness®. On the other hand, there’s a 666 credit score going down, in which case your current score could be one of many new lows yet to come.
Everyone obviously wants his or her credit score to be on an upward trajectory. So whether you need to turn things around or increase the pace of your improvement, you’d better get to work. With that in mind, you can find personalized advice on your WalletHub credit analysis page to supplement the tips above. You can also learn more about the types of people who have a 666 score below.
Who Has a 666 Credit Score?
Percentage of Each Age Group with a 650+ Credit Score
| Age Group | 650+ Credit Score |
|---|---|
| 18-24 | 43% |
| 25-34 | 47% |
| 35-44 | 51% |
| 45-54 | 58% |
| 55-64 | 69% |
| 65+ | 83% |
Percentage of Each Income Bracket with a 650+ Credit Score
| Income Bracket | 650+ Credit Score |
|---|---|
| < $30K | 23% |
| $30,000 - $49,999 | 47% |
| $50,000 - $74,999 | 84% |
| $75,000 - $99,999 | 87% |
| $100K+ | 88% |
Source: WalletHub data, as of 11/18/2016
As you can see, most people who are at least 35 years old have a credit score of 650 or higher. And even younger folks nearly have a majority. This just goes to show that people with 650 credit scores come in all shapes and sizes, with diverse backgrounds and differing financial obligations.
As a result, the grades for each component of your credit score, which you can find on the Credit Analysis page of your free WalletHub account, might not exactly match those of another individual with a 650 score. But the sample scorecard below will give you a pretty good idea of what a 650 score is made of.
Sample Scorecard – 666 Credit Score:
- Payment History: C = 98% on-time payments
- Credit Utilization: B = 10% - 29% utilization
- Debt Load: A = Debt-to-income ratio below 0.28
- Account Age: B = Average tradeline is 7 or 8 years old
- Account Diversity: C = 2 account types or 5 - 9 total accounts
- Hard Credit Inquiries: A = Fewer than 3 in past 24 months
- Collections Accounts & Public Records: A = 0 collections accounts and public records
These are by no means the only credit-score grades capable of producing a score of 650, nor will they necessarily result in that exact rating. However, this is representative of the type of scorecard someone with a 666 credit score can expect: plenty As and Bs, but no failing grades to be found.
Top 10 Resources for a 666 Credit Score
- Why Did My Credit Score Drop? Top 10 Causes
- Free Credit Score Simulator
- How To Improve Your Credit Utilization
- Best Credit Cards to Build Credit
- Best Store Credit Cards
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