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A 674 FICO score is considered to be good. The higher the score the better. 700 and above scores are considered the best.
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∙ 9y ago
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Is a fico score of 606 good or bad?
bad
Is a fico score 582 bad?
Yes
Is a 623 good credit?
No, it's still "bad" not very bad- but "bad" It used to be an okay score; before the FICO 08 score changes.....Fico is the real credit score...not the other you pull from the credit bureaus. Those are estimated scores.MyFICO.com is the official score sight- which can resolve any other questions you may have.
Is a fico score of 588 bad?
It is poor but not very poor.
Is a credit score of 400 bad?
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.
Is a fico score of 606 good or bad?
bad
Is a fico score 582 bad?
Yes
Is a 623 good credit?
No, it's still "bad" not very bad- but "bad" It used to be an okay score; before the FICO 08 score changes.....Fico is the real credit score...not the other you pull from the credit bureaus. Those are estimated scores.MyFICO.com is the official score sight- which can resolve any other questions you may have.
Is a fico score of 588 bad?
It is poor but not very poor.
Is a credit score of 400 bad?
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.
Is a 672 fico credit score good or bad?
From a 640 - 679 is considered average 680 - 699 considered Very Good 700 or above is excellent credit
What is the range of credit scores?
The FICO credit score range is between 850 and 300. I rarely seen those two frontiers in real life. ... 850 means you can get a loan to buy entire Tiffany store in Manhattan. 300 ..., well your credit is bad to the point you can't get any. FICO score of 700 and higher means Excellent or Very Good credit. Certain lenders offer better rates and/or discounts if you are over 720, 740, etc. Pity, their greedy loan officers might never share them with you. FICO score from 680 to 699 means Good. Pretty much you can get a normal loan. Translating in layman terms you won't be robbed too bad. FICO score from 620 to 679 is OK. You won't be denied but the terms are not going to be too generous. Still you are officially a nice person. FICO score from 580 to 619 ... . Banks, brokers love you. Want to know why? That is where bad credit starts. But it is not that bad yet. They are still able to get you a loan but on their terms. Fat commissions for them, much more expensive loan for you. Chances are you will take it since you have little choice. And you'll think they your best friends. FICO score from 500 to 580 is where the real trouble starts. Your credit is bad, period. You'll get your loan and you won't like it. But you should take it anyway, because that could be the beginning of your fresh start. Way to get away from bad credit. FICO score of 499 and below ... . My friend, you are in serious need for help for bad credit. There is very little what can be done and while it is still possible, the terms are going to be simply too brutal. The best thing is to try to repair bad credit first - the FICO credit score can be improved!
How long does it take to build up a bad FICO score and would it help to pay off old debts?
Anytime you pay off old debts it will in time help your FICO/Credit score. It takes about 2 years of good payment history to off set the negative stuff. Best of luck,
If you have a fico score of 520 because of charge-offs and defaults will consistently paying your bills on time raise it?
Yes, good financial behavior will always raise your score. It will take a full 7 years of perfect behavior to give you a great score (the 7 years to get all the bad stuff off your credit).
Is a 544 credit score bad?
it medium type of score not bad but not good no. aparently it is quite good.
Is a 628 credit score good?
FICO scores range between 300 and 850. Ratings are as follows: ~ Excellent: Over 750 ~ Very Good: 720 or more ~ Acceptable: 660 to 720 ~ Uncertain: 620 to 660 ~ Risky: less than 620 Information from experian.
If your wife has a lower FICO score will adding her as an authorized user or joint account holder have a negative effect on your FICO score?
No. The person who is the card holder is the person whose FICO score applies to. An authorized user/signer is in most cases not responsible for the debt, if the card holder defaults. Actually, it can effect your score if your talking about a joint account. Authorized users aren't responsible for accounts, thus no reporting of that account will appear on their credit bureau. If your wife has a bad account, late payment stuff like that. Then I would recommend not adding your name to her acccount. It will effect your score. But there will be no change to your score if you have her added to one of your accounts. Just make sure their good ones and everyone gets a boost.
