fair credit
Middling borrower rating
Fair credit is a credit rating that falls in the middle range—not poor, but not good either.
Someone with fair credit has a history that includes some negative marks or limited credit experience, making them a moderate lending risk.
They typically qualify for loans and credit cards but at higher interest rates than borrowers with good or excellent credit: With fair credit, you'll probably get approved, but expect to pay more in interest.
- averageArithmetic mean or ordinary
- scoreNumerical standing in competition
- mediocreOf only moderate quality
- passableMinimally sufficient quality
- decentAcceptably good
middling · loan · borrowing · debt · debt consolidation · approval · report · lender · interest rate · rebuild · history · subprime · interest · rate · moderate · acceptable · risk · payment
- creditcreditworthiness, creditworthy, FICO, FICO score, microcredit
- credit scoresFICO score, creditworthiness, payment history, FICO, Equifax
- credit ratingsAAA, AA, A, BBB, B