answersLogoWhite

0

Is 619 a good beacon score?

Updated: 9/11/2023
User Avatar

Wiki User

12y ago

Best Answer

A 650 + is decent. 680+ is much better. 720+ is excellent and can support many loan programs and best interest rates.

  • 720-850 - Excellent - This represents the best score range and best financing terms.
  • 700-719 - Very Good - Qualifies a person for favorable financing.
  • 675-699 - Average - A score in this range will usually qualify for most loans.
  • 620-674 - Sub-prime - May still qualify, but will pay higher interest.
  • 560-619 - Risky - Will have trouble obtaining a loan.
  • 500-559 - Very Risky - Need to work on improving your rating.
User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is 619 a good beacon score?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is 500 a good beacon score?

no


Is the credit score of 583 a good score?

583-619 is bad credit score in credit score range


Is 689 a good beacon score with a 5.0 factor?

NO


Is 792 with a Beacon score of 5.0 good?

Yes. It' very good.


Is a 5 beacon score good or bad?

A Beacon score of 5 is impossible, the score ranges between 300 and 850. I'll assume you meant 500, this is considered to be 'very bad'.


What is the highest beacon score possible?

850 is the highest beacon score possible.


Is beacon 5.0 score 719 good enough for a tenant?

yes.


Is your beacon score and FICA score the same?

A beacon score is just the name given to the equifax branded FICO score. So your FICO score and beacon score will be the same if your FICO score is pulled using your equifax credit report.


Is a beacon score of 696 good?

Yes your almost there, the coveted 700 Club


What is the difference between your credit score and your beacon score?

Your beacon score is basically an equifax branded FICO score, there is no difference except that a beacon score uses data found in your equifax credit report only. So if data furnishers do not report to equifax it will not appear on their credit report and thus this information will not be reflected in your beacon score.


What is a 584 credit score mean?

560-619 credit score is very risky. So it is not a good score. At first you have to check why you have this type of score. Then you have to increase it. If your score is higher than 660, you will be considered a good credit risk.


Is a beacon score of five good with a credit score of 675?

The Beacon version 5.0 is the formula which was created by FICO (Fair Isaac Company) and is used by Equifax to calculate a credit score. Considering that the average FICO score in the US is 680, your score would fall just below average.