Is 604 a Good Credit Score? A Comprehensive Guide


Your credit score plays a pivotal role in your financial life. It influences your ability to secure loans, and obtain credit cards, and even affects the interest rates you receive. One common question that individuals often ask is, "Is 604 a good credit score?" In this article, we'll delve into the intricacies of credit scores, what a score of 604 means, and how it can impact your financial goals.

Understanding Credit Scores

What Are Credit Scores?

Credit scores are numerical representations of your creditworthiness. They are generated based on your credit history, payment behavior, and other financial factors. Lenders use these scores to assess the risk associated with lending money to you.

The Range of Credit Scores

Credit scores typically fall within a range. The most common range is 300 to 850, with higher scores indicating better creditworthiness. A score of 604 falls within this range, but is it considered good?

Is 604 a Good Credit Score?

A credit score of 604 can be seen as fair but not excellent. While it's not a poor score, it may not provide you with the best financial opportunities. Here's what you need to know:

Credit Score Categories

  • Excellent: 800+
  • Very Good: 740-799
  • Good: 670-739
  • Fair: 580-669
  • Poor: Below 580

A score of 604 falls into the "Fair" category. This means that you may qualify for credit products, but you might not enjoy the most favorable terms.

Impact on Loan Approvals

When you apply for loans or credit cards, lenders will review your credit score. With a score of 604, you may still get approved, but you might face higher interest rates and less favorable terms compared to someone with a higher score.

Improving Your Credit Score

If you're disappointed with your credit score, don't worry; there are steps you can take to improve it. Paying bills on time, reducing outstanding debt, and disputing any errors on your credit report can help boost your score over time.

Frequently Asked Questions (FAQs)

Q: Can I get a mortgage with a credit score of 604?

A: While it's possible to get a mortgage with a 604 credit score, you may face challenges and higher interest rates. Consider improving your score before applying for a mortgage.

Q: How long does it take to improve a credit score from 604 to 700?

A: The time it takes to improve your credit score depends on various factors, including your financial behavior. With consistent positive actions, it could take several months to a few years.

Q: Will a 604 credit score affect my ability to rent an apartment?

A: Some landlords may consider your credit score when renting an apartment. A score of 604 might limit your options, so it's essential to communicate with potential landlords.

Q: Can I get a credit card with a 604 credit score?

A: You can likely secure a credit card with a 604 credit score, but it may have a lower credit limit and higher interest rate. Consider secured or starter credit cards to build credit.

Q: How often should I check my credit score?

A: Regularly monitoring your credit score is a good practice. You can check it for free through various credit reporting agencies annually.

Q: Are there any quick fixes to improve my credit score?

A: There are no instant fixes for credit scores. It's a gradual process that involves responsible financial behavior.


In the world of credit scores, 604 is a fair score but not exceptional. While it won't close the doors to financial opportunities, it's essential to work on improving it. Responsible financial behavior, timely payments, and monitoring of your credit report are key steps to reaching a better credit score.

Ready to enhance your credit score? Connect with our experts today at (888) 804-0104 for personalized guidance!