Credit scores are on a scale from around 300 - 850, with 850 being the highest credit score possible. To give you a feel for the extremes, while the national average credit score is 680, only 13% of the nation's population has scores above 800. At the other extreme, roughly 15% of the population has a credit score lower than 550. In general, a good credit score is anything above 700
(From money-zine.com)
577 is a fairly poor credit score. To have a credit score that is acceptable, you want your score to be between 620-680.
A 620 credit score hinges on poor.
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Yes, a 400 FICO score is bad. Above 700 is considered good, and it takes a minimum of 620-640 for any home loan program.
There is nothing called as good credit score or bad credit score. It all depends on what kind of financial product you are applying for and how aggressive the banks are to which you have applied.
A 567 credit score is not terrible but there is room for improvement. For loans a credit score around 620 Ã? 640 is fine, depending on the company.
In order to obtain a bad credit loan a person has to have a credit score is 620 anything below that would be considered high risk.
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Credit scores range from 300 to 850. Generally a loan officer would consider a score below 620 to be a sub-prime, or bad score.
If you are talking about credit score, understand that I am not a credit expert, but since a credit score of 620 is bad, 215 would be a terrible credit score. If this is for a test like the SAT, this is also horrible. The average score of the SAT is about 500, and even that isn't that good of a score.
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