Is 635 a Good Credit Score? A Comprehensive Guide


Regarding personal finances, your financial situation is much influenced by credit ratings. With a credit score of 635, you fall into a certain range and may find that it influences interest rates, mortgages, and even loan availability. This page will explore the nuances of a credit score of 635, its relevance, elements influencing it, and actions to improve your creditworthiness.

Is 635 a Good Credit Score?

Six thirty-five is in the center of the credit score range, usually running from 300 to 850. Although it's not a great score, it is also not a low one. To evaluate a person's creditworthiness, lenders may assign credit ratings into many ranges:

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

    A credit score of 635 so falls within the "Fair" range. It doesn't always close the door on borrowing prospects even if it may not provide you access to the best interest rates and conditions.

    Factors Influencing a Credit Score

    Your credit score is a mirror of many financial choices and actions. Several elements help to define your credit score:

    Payment History

    Your credit score is much improved by timely credit card, loan, and other bill payments. Paying bills consistently by their due dates can help your score.

    Credit Utilization

    Credit utilization is the proportion of your credit card balances to your credit limit. Maintaining a low ratio will help to get a better credit score.

    Length of Credit History

    Part of it is the amount of time your credit accounts have been open. A longer credit history usually shows that you can use it sensibly.

    Types of Credit

    Combining credit cards, mortgages, and installment loans—among other credit types—showcases your ability to handle many kinds of credit and may help your score.

    New Credit

    Opening many new credit accounts quickly might lower your score. Every new account creates a hard search, which might momentarily damage your score.

    How Does a 635 Credit Score Affect You?

    Though not regarded as "Good," a credit score of 635 does not always mean disaster for your financial future. Although it could restrict your access to the best credit terms and interest rates, it does not imply you won't be qualified for credit cards or loans. Here's how it may impact many facets of your financial life:

    Loan Approvals

    Lenders may still accept you for loans, but compared to someone with better credit, you might pay more in interest. Searching around for the greatest prices is quite vital.

    Credit Cards

    Although credit cards are probably safe, their credit limits may be less and their interest rates might be greater. Still, careful credit card use might help your credit gradually become better.


    Although you might be able to get a mortgage with a credit score of 635, finding the most competitive rates could be difficult. More down payment would help to overcome this obstacle.

    Tips for Improving a 635 Credit Score

    If you want to improve your creditworthiness and raise your score, give these ideas some thought:

    • Make timely bill payments. Paying payments consistently on time improves your payment history, which is a major factor in determining your credit score.
    • Minus credit card balances. Reducing your credit card balances will increase your credit use ratio, thereby enhancing your score.
    • Limit New Credit: To reduce the effect of harsh inquiries, try not to create many new credit accounts all at once.
    • Diversify Credit Types: Over time, think about adding many credit types into your portfolio to highlight your capacity for responsible management of several kinds of credit.
    • Review your credit report. Review your credit report often for mistakes or inconsistencies that can lower your score. Address any differences you discover.
    • Deal with your creditors if you are having financial problems. They might be ready to aid you create a payment schedule to prevent bad effects on your credit.


    Can I get a mortgage with a credit score of 635?

    Yes, you can secure a mortgage with a credit score of 635, but you might face higher interest rates. A larger down payment can offset this challenge.

    Will a credit score of 635 affect my ability to get a car loan?

    A credit score of 635 might lead to higher interest rates on car loans, but it shouldn't necessarily prevent you from securing one.

    How long does it take to improve a 635 credit score?

    Improving a credit score takes time. With responsible financial habits, you could see noticeable improvements within a year.

    Can I apply for credit cards with a credit score of 635?

    Yes, you can apply for credit cards with a credit score of 635. However, they might come with lower credit limits and higher interest rates.

    Will paying off my existing loans improve my 635 credit score?

    Paying off existing loans can positively impact your credit score by improving your credit utilization and payment history.

    How often should I check my credit score?

    It's a good practice to check your credit score annually or before making significant financial decisions.


    With a credit score of 635 falling into the "Fair" level, one has space for development. It doesn't block the doors to borrowing either, even if it may not provide you with the best conditions. Understanding the elements affecting your credit score and changing your financial habits can help you gradually improve it. Recall that a credit score reflects your financial path; it is not fixed; hence, with effort, you may mold it to your benefit.

    Improve your current financial situation! To discuss credit-boosting ideas, contact us at  (888) 804-0104.