Therefore, 700 will net you a typical interest rate on a loan or mortgage. Obviously, it could certainly be higher if you were take certain steps such as working with a credit repair company, but if you already have a decent credit score, there really is no reason to go to this trouble.

However, here's some thing to keep in mind-if you were simply quoted this credit score by a financial institution you are about to do business with, I wouldn't just take this info at face value.

Since the new laws were passed recently, everybody in America is entitled to one free credit report every year, in which they can then look over their past history and ascertain whether there are any errors on the document. If so, they are probably negatively affecting your credit score, and therefore you want to dispute them as quickly as possible, before you accept an adverse deal with the company.

Even if your credit score sounds fairly accurate to you, I'd take this extra step just to be sure; if you find just one or two errors, it could mean the difference between getting a decent or great interest rate, so be sure to do this.

What info do you need to provide in order to get a free credit report? Just give them your name, when you were born, address, SS #, and anything else they ask for, and you should be ready to go.

Remember, the comes that provide a free credit report are obviously very careful about who they give this to, as they don't want to give this important info out to just anybody who rings them up.

Therefore, hopefully this has answered your question: is 700 a good credit score? Even though it is decent, I would still seriously check into your credit repot, and be sure it's not slightly higher.