pip (pÉªp ) Word forms: plural , 3rd person singular present tense pips , present participle pipping , past tense , past participle pipped. 1. countable noun. Pips are the small hard seeds in a fruit such as an apple, orange, or pear.
A credit score of 629 is not a very bad credit score, but it is not  a great credit score. A great score will be 700 and above.
Most scores fall somewhere between 600 and 800. In general, a score of 700 to 740 and above will be considered excellent or Tier 1 Credit. A score of 660 to 699 would be considered average, or Tier 2 Credit. A score of 620 to 659 would be considered fair, or Tier 3.Like womenâs dress sizes, which vary from manufacturer to manufacturer and from store to store, the exact definitions of these tiers vary.f you have a FICO score of over 700, congratulations; youâre generally considered a âwell-qualified buyer.â That Tier 1 designation (or Tier 0 if your credit is really shiny) should qualify you for the best loan rates, often lower than the prime rate.