Answer: -its very good i shld say...u can get a house with no down payment or less down payment................they wer all same..they all take a look at ur credit history dats all....hey advice dont always calculate ur credit score as it will lower ur FICO do it or check it atleast every 6months.. -Actually, it's not too bad. The average score has dropped considerably over the past couple years with foreclosures and people spending beyond their means. Congrats, go buy a new car! -I'm certainly no expert in this field, but I think that something above a "700" isn't anything to cry and beat your breast about. It could be much worse--I have to pre-pay the ice cream truck driver when ordering a popsicle... -The first one is a new score it's called Vantage. The FICO from 705-755 is what lenders go by.While 705-755 is a very good score, score is not everything. Your score is made up of the following;1. Payment history 35%2. Time in bureau 15%3. New credit 10%4. Type of credit used 10%5. Debt to income ratio 30%As you can see 1,2 & 5 are the most important as far as score is concerned.The problem with the way score works is that I see people every week with scores over 700 that are made up of nothing but 1 credit card with a $500.00 limit paid 15-times and a couple of student loans. While this mix of credit produces a great score, there is nothing there to actually qualify the person for a real loan.