Is 799 a good beacon score?
799 is an Excellent credit score. Below is a way of interpreting your credit score. Given the current credit score stats, how does this relate to your own personal score? Generally, if your score is higher than 660, you will be considered a good credit risk. If your score is below 620, then you might have a tougher time getting a loan. The following ratings explain the impact of the different score ranges:
- 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.
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When disputing information on your credit report for the first time, the disputed information is not calculated into your score during the investigaion. If information is disupte for the second time or so on, it will then be calculated into your score, as it has been found to be correct after the fi…rst investigation. (MORE)
Credit bureaus don't update your credit scores. They update your credit reports. It is a third party company (FICO, Beacon) who processes the information on your credit reports and produces your credit scores. I have continuous real-time access to my Equifax score, and it updated once at the end… of February, and then increased by a point in Mid-March. So I'm going to say twice a month based on my experience with accessing my Equifax Fico Score. I can't be certain about the other two bureaus. Basic credit information is reported and updated (usually once a month, sometimes less frequently) by the creditors. Your credit score is a calculation based on that data. The calculation is only performed when a score is requested. So, your score would be updated only upon request. (MORE)
It depends largely on your credit as a whole. Once your report is bad, it doesn't get a whole lot worse. But if your report was in pretty good shape, and depending on the specifics and age of the collection, it could be from 50-100 points.
If you have perfect credit beacon score of a 710 and are looking into settling a cc that has a 23K balance how much will this affect your score?
Credit scores are calculated based on ALL the information showing in a consumer's credit report. With only one factor identified, it is impossible to guess the impact or outcome. It is impossible to say an actual score value but no matter which way you look at it, it is not going to be postive. If …you can some how work a payment plan to pay off your debt in a term loan will be your best option. It is never a good idea to settle unless you are facing bankruptcy and I mean real bankruptcy not just this I dont want to work at paying off what I have charged so let me get rid of it by filling chpater 7 attitude that most people seem to have. If that is the case the save your self the future problems and settle. On the top three things that are bad for your credit history are Bankruptcy, Consumer proposals and accounts settled at less than owed. They are all signal of an inability to pay debt or to manage income versus debt. Last point, most banks will only rely on your score when you are borrowing small amounts anytime you actually try to buy something with value and you go in for a loan, you will have a human being looking through your file and seeing what you did with your accounts. Just be ready to answer why you were not able to pay the cc balance but you are able to pay there balance. (MORE)
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. (MORE)
Can you get approved for a home purchase if your middle beacon score is 628 and you have a couple of open collection accounts more than 4 years old?
Yes, you can. You are a prime candidate for an home loan. Those collections can be explained in writing by you, and excused by the bank. Yes, though you probably will not qualify for the best rates. If your collection accounts are still active, you would be advised to pay them off, if you can. T…alk to a mortgage professional who specializes in BCD loans. There are plenty of mortgages available for people like you. (MORE)
Where can you apply for a second mortgage when your beacon score is 500 and what is your best option?
Answer . \nYou need to go to a Subprime lender. Not sure if they can help you with 500 credit score though. Good Luck!
Could you get approved for a 300K dollar home loan if you have a beacon score of 703 an annual income of 58K and 10K personal debt?
I certainly don't see why not, of course there'd be more information needed to qualify you. Your income seems in line and your credit is excellent.
Answer . Most lenders use the Middle score of all three. There are some lenders that allow you to use your highest score or average score. If you need any further assistance locating any information feel free to contact me..
Answer . BEACON is the trademarked name of a scoring software program. It uses the information displayed in an Equifax credit file. (Think Kleenex vs. tissue paper) There are many different versions of BEACON programs. Some of these are BEACON 96, BEACON 5.0 and BEACON Auto Enhanced. A score… requested with each program would yield a different number, even though the data in your credit report was the same.\n. \nAll scoring programs originate with the Fair Isaac Company, headquartered in California (FICO). They lease FICO software to Experian (formerly TRW). EMPIRICA is leased by TransUnion. Consumers may also get their own version of a score from certain companies. (MORE)
Answer . \n650 is considered very good, meaning creditors will be making you offers, good ones. 650-620 is good, everything under 620 is considered risky, the amount of risk correlating with the score itself.
Answer . Definitely, your credit score isnt solely based on the timeliness of your payments. There are several other factors taken into consideration, one of them being available credit to balance ratio. Since you obtained a Home Equity Line of Credit, you basically have opened a credit accou…nt and maxed it out 100%. Credit bureaus will penalize you for every revolving credit account that you have which is over 50% available credit to balance ratio. This could be one of the reasons for lower scores. There is also a possibility that the recent inquiry could have lowered your scores or maybe you have too many of the same type of credit lines (credit card, installment, mortgage). There could be several factors that have been taken into consideration. The best way to determine exactly what caused or how to remedy it is to obtain a copy if your credit report. Your lender should be able to assist you with this. On the first page of the credit report you will see your credit scores, under that will be several codes that begin with 3-4 digit #s. Look at those carefully and those will tell you in order of significance what it is that is affecting your score. (MORE)
Could having a home equity line of credit possibly hurt your credit bureau beacon score even if you don't use it?
Answer . \nYes. In this way. Credit reporting agencies look at the total ability you have to borrow. If you have ten credit cards and have the ability to charge 75,000 tomorrow it could hurt you. \nIf you have low debt on your credit cards [ keep them with no more than 30% of the amount you can b…orrow on each card ] Then it will probably not hurt you at all. I know people with large lines of credit that use them for business etc and pay it down right away and have great credit.\n. \nIf in other words you have a lot of debt as a percentage of your ability to put yourself in more debt it could hurt.\n. \nIt depends on your past credit history etc.\n. \nAs a side not I had a customer who was in chapter 13 for the past two years and his lowest score was 780??? (MORE)
Answer . You are entitled to one free credit report a year. The best thing to do is to check on your report. Future on time payments will gradually improve your score.
Answer . Co-signing is generally not a good idea. However, that is not your question! If the person pays on time, your score should not be affected. However, if you have a high to debt ratio, including this loan, it may make it difficult and/or more expensive for you to obtain a loan should you n…eed one. (MORE)
Well, MCAT score is important but be aware that not only this thingshould be taken into account during admission. GPA and MCAT areequally important for your admission.All in all, MCAT should bemore than 35 to succeed.
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 - Ave…rage - 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. (MORE)
A credit score derived from the application of a credit scoring model created by the Fair, Isaac Company to a consumer's credit file held by a credit reporting company. FICOÂ® scores range from 300 to 850, but almost all consumers have a score between the 600s and 700s. A beacon score of 680 is… considered to be falls into the 'Good' category by 5 points. (MORE)
679 is consider good in processing industry not in banking. Very low score and wont be getting credit for forseable future
Yes, BEACON is a registered trademark (U.S. Reg. 2222902) of Equifax Inc, filed in 1998, claiming priority of first use in 1989, as applied to "Financial services, namely, credit risk forecasting."
Beacon is the trade name that Equifax uses to describe their version of the FICO score it is the same scoring model though for more information see thecreditguy.tv
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'.
The ABOVE average score is around 750. Once a person achieves a score of around 725 or more they are going to get the best interest rates available. Most banks guidelines for determining your interest rates cutoff around 725, meaning that a person with a score of 725 will qualify for the same rate a…s someone with a perfect score of 850. So if your worried about getting that 850 score and your a 750 don't worry either way you are considered great to any bank. The average score today is 675. With the economy bad and the credit crunch happening if you are just average you may have a harder time obtaining a loan. (MORE)
It is a good score! But it really depends on what school you are trying to get into.. A state school: It is a very good score and you will be fine.. School more competative: Their ranges are typically like 22-28 or so and you will most likey get in (also depending on GPA).. Schools like Harvard: …Sorry but no where near good enough.. So, depends on the school. 25 is a good score and about 81% in the U.S.. But if you are looking for scholarships...that is another issue because I got a 25 and have over a 4.0 and I needed scholarship money..and you get good money when you get a 28. With a 25 and a decent GPA, you will get a little money but if you want a lot of money, you have to raise it a couple points.. But overall, pretty good score! (MORE)
After having played 20 or so rounds a new player can expect to be scoring in the high 110's or low 120's. After 20 hours of lessons and 40 rounds one can expect to be scoring in the 95~110 range. Of course, every person improves at a different rate, some better, some worse. The key is to relax, enjo…y yourself and focus on finding a swing that is comfortable, natural and repeatable. (MORE)
\nYes, 790 is in the top 10th percentile for credit scores (higher than 90% of the population). Congratulations!
A credit scoreis a tool used by lenders to help them make lending decisions. Acredit score is determined by the information in a credit report.While credit scores depend on specific scoring systems used,ultimately they represent the risk level that you represent to apotential lender. Using the PLUS …Score, one educational scoringmodel, a good credit score is between 700 and 725. (MORE)
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.
This means that you have no credit history according to equifax and thus they were not able to produce a beacon score.
Determining a beacon score is difficult, they use a number of factors: Credit history length Payment history Credit utilization ratio Types of credit used
PSAT (Preliminary Scholastic Aptitude Test) score report is made up of three scores - critical reading, math and writing. Those score will range from a low of 20 to 80 as the highest. So the PSAT range would be 60 (3x20) being the lowest and 240 (2x80) the highest. In 2009, the average score gr…ade 11 was 47 in reading, 48 in math, and 46 in writing. Grade 11 total 141. The average score for grade 10 was 42 in reading, 43 in math and 41 in writing. Grade 10 total 126. A minimum of 201 is needed to apply for a scholarship. (MORE)
It depends on where you plan on going for college . If you are applying to somewhere like Harvard or yale...then you should think about taking the ACT again. But this may be good for a community college.
yes i believe this is one of the good schools of town .But i am not much satisfied from the results of this school. My brother-in-law's children are in Kalma Chowk, Branch. He is not satisfied with atmosphere and fee structure. They have no concern with the security of the children. The condition… of school is also not good. But Fess is very high. SO not recomended. (MORE)
beacon 5.0 is a system equifax uses to calculate your credit in numerical form which produces a number known as a credit score.
Credit scores generally range between the low 300s to the mid-800s.A score of 665 is considered average or fair.
Beacon is a noun meaning "a fire or light set up to signal, warn, or celebrate something." "A lighthouse works by sending out a beacon of light to tell ships where land is." "Paul Revere's lamp was a beacon that warned of a British attack."
Depends. In general it's awesome but if you're applying to an Ivy League school a 2140 is pitiful. They want nothing less than you knowing someone from there, perfect GPA and all AP expected.
No. You need to be in the 700's to be considered for credit of any kind.
Well. I have been playing soccer for 4 years. I have scored about25 goals and I always do it the same way; I practiced real hard atsoccer practice then I tried kicking really hard. You need to placethe ball in the corner. If you have a hard kick then put it in thelow left corner. If you have a high …kick then put it in the highleft corner. Also I do something called an outside tap to getaround the defender. You can look this up on YouTube. It is veryhelpful. Good Luck on scoring a goal!!!! Sorry guys but there is noYouTube video for the outside tap checked it myself. SORRY!!!!! (MORE)
You can get a good ACT score by starting early and studying regularly. While this advice may sound common, that is because it is true. Plan well ahead of your study date to make sure you have enough time to be comfortable with all of the information you need to know to do well on the test.
50 and higher are acceptable. 75 means you scored in the top 25% of your group. That score will allow you to get into many occupational specialties.
If I got a 76 I would not be thrilled, but it is not a bad grade if you only get it once or twice. A 76 would be a C if you were grading by letters...
101 is a good, average IQ score. Having said that, IQ is almost useless as a predictor of who will have good sense, who will become successful, who is most likely to graduate college, who will make the best farmer, and so on.
You can't tell if your ited is good or not just by scores. It's through comparison to yourself and others. I usually get most of my scores in the 90's but others are average or below average. I was below average in 3rd and 4th grade in all my subjects except spelling and sources of information. Now …i receive my lowest scores on sources of information by far. It's all about improvement and progressing. The numbers are how many (in percent) people you scored better than (MORE)
If that is your score, then you already have the answer to your question . . .
The Dia Arts Foundation is a fantastic arts program that works with the Becon City Schools to give the students an extensive art education. Art is an important part of education.
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.
The beacon score is a very important equation in your credit score. It is a number generated by the Equifax Credit Bureau that determines ones credit worthiness.
In general, yes a score of 735 is considered a great score. With this score you should get the best interest rate at almost all lenders. However, each lender and each industry has a different tolerance for the risk they will take. Your FICO score is really only a measurement of the risk of you defau…lting on a debt. Some lenders for example may require a score of 740 or 760 to be granted their best interest rate. For a FHA mortgage, a FICO score of 640 will get you the best rate available. (MORE)
A recent analysis has found that the beacon technology is one ofthe highlydemanded applications among users. The technology has agreater impact on iOSusers as it connects and transmits data easilyover iOS devices. And that is whychoosing beacon application forbusiness is highly recommended.