Is 598 a Good Credit Score? Everything You Need to Know


Regarding your financial situation, your credit score is really important. Like your financial report card, a credit score determines your eligibility for loans, advantageous interest rates, and even apartment renting. We will explore closely the question: "Is 598 a good credit score?" on this page. We will look at what a credit score is, how it is computed, and how you could raise yours. Let us therefore start this road toward financial enlightenment.

What Is a Credit Score?

Your credit score—which captures your creditworthiness—is a three-digit number. Lenders, renters, and even businesses utilize it to evaluate your credit and financial responsibility dependability. Usually falling between 300 and 850, higher scores indicate more creditworthiness.

Understanding Credit Score Ranges

  • 300-579: Poor
  • 580-669: Fair
  • 670-739: Good
  • 740-799: Very Good
  • 800-850: Excellent

Is 598 a Good Credit Score?

A credit score of 598 is at the "Fair" level. It's not in the "poor" category even if it's not regarded as "good" or "excellent." This refers to:

  • Credit card applications may be accepted but with smaller credit limits;
  • Mortgage approval may be difficult and should you be granted, you might have to deal with high rates;
  • You could qualify for certain loans but with higher interest rates.

One should realize that your credit score is dynamic. Your financial activities will affect how it changes with time.

Factors Affecting Your Credit Score

Your credit score is influenced by many elements; knowledge of these elements can help you raise it.

1. Payment History

Your credit score is most greatly influenced by your payment history. It notes if you pay credit card, loan, and other debt installments on schedule. Regularly late payments might be detrimental.

2. Credit Utilization

This gauges the percentage of your accessible credit you apply. High rates of use might damage your credit score. Experts advise using less than 30%.

3. Length of Credit History

Your credit history duration counts. Oftentimes, longer histories are more beneficial. Even if you seldom use old credit cards, closing them is a wise idea not to do.

4. Credit Mix

Lenders would rather see a combination of credit forms including mortgages, installment loans, and credit cards. This exhibits good credit management.

5. New Credit Inquiries

Every time you apply for new credit, your credit record is searched. Too many questions in a short span might lower your score.

How to Improve Your Credit Score

You may follow actions if your credit score is 598 and you want to enter a higher credit range.

1. Pay Your Bills on Time

Improving your credit score most effectively is by regularly paying your obligations on time. To prevent missed due dates, schedule reminders, or automated payments.

2. Reduce Credit Card Balances

Reducing credit card debt might have a quick improvement on your credit use ratio.

3. Avoid Opening Too Many Accounts

Fight the urge to create many credit accounts quickly. Lenders may find this suspicious.

4. Check Your Credit Report

Review your credit report often looking for mistakes or errors. Correct any differences right now.

5. Keep Old Accounts Open

Maintaining older credit accounts can help to extend the duration of your credit record, as was already indicated.


Q: Can I get a mortgage with a credit score of 598?

Yes, it's possible, but you may encounter challenges and higher interest rates. Consider working on improving your credit score before applying for a mortgage.

Q: Will my credit score improve if I pay off all my debts at once?

Paying off debts is beneficial, but the impact on your credit score may not be immediate. It takes time for these changes to reflect positively.

Q: How long does it take to raise a credit score from 598 to 700?

There's no fixed timeline, as it depends on your financial situation. With consistent positive financial behavior, it could take several months to a few years.

Q: Does checking my credit score affect it negatively?

No, checking your credit score is considered a "soft inquiry" and doesn't impact your credit negatively.

Q: Can a good credit score compensate for a low income?

While a good credit score is essential, lenders also consider your income and other financial factors when making lending decisions.

Q: Should I hire a credit repair agency to improve my credit score?

It's not necessary. You can take steps to improve your credit score on your own by managing your finances responsibly.


In the realm of finance, a credit score of 598 advises caution. Although the score is not bad, it might perhaps need some work. Following the advice in this article and being alert about your financial behavior will help you to slowly raise your credit score and guarantee improved financial possibilities. Recall that your credit score reflects your financial discipline; so, give maintenance of a good credit score first importance.

Open more financial prospects! Dial (888) 804-0104 to begin your road toward a better credit score.