Is a high FICO credit score good or bad?

The lowest being 300 while the highest is around 850. My score is 623. Is this bad?

Public Comments

1. 623 is below average, right at the bottom area for fair credit, you won't get good interest rates with that score.
2. Anything above 700 is considered very good. I would suggest working on your score to get it at least to the upper 600's. You will pay less for home loans, auto loans, and auto & home insurance as well. http://www.choicearizona.com
3. the higher the better
4. My score is in the low 500's-that's bad. Your credit is fair, but you still may pay higher interest rates on credit cards and loans and such. The higher your score the better your credit rating. My mom has such a high rating that banks send her blank checks and she can fill in any amount she wants.She goes to Vegas every three months and she bought a brand new Kia three years ago that she's looking to trade in for a truck and her bank is looking at the deal for her, she just has to go to her bank to pick up the keys when the deal is over. Have you ever sat in first class on an airplane? If you have, having good credit feels like that and if you have not-you have to raise your score-have to,have to,HAVE TO!!!! (smile)
5. Not great, but a lot of people have worse. You can improve it.
6. In today's market 630 or higher seems to be the magic number to get a home loan. I'd try to get it higher as you do get much better loan terms - auto, home and credit card rates. So your score isn't awful but not great either.