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Typically, if you see a "zero" or nothing as a credit score it is due to the consumer having no credit or not having any positive credit that would contribute to the scoring system. A consumer can have nothing but negative credit on their report and this would not generate a score. A score is normally generated when the consumer has had a loan and/or credit card history.
Yes, it is possible to obtain an aqua credit card with just a fair credit score, though it's easier if you have a good score.
Yes, it is possible to have a credit score even though you don't currently have any credit cards. If you have ever applied for credit of any type then you are likely to have a credit score.
Yes!! As long as they are at zero, you do not need to close them to help your score. Just don't open any new ones!!!
First, credit scores don't go down to zero. The only way to improve credit score is to obtain credit, use it wisely, pay it on schedule.
Typically, if you see a "zero" or nothing as a credit score it is due to the consumer having no credit or not having any positive credit that would contribute to the scoring system. A consumer can have nothing but negative credit on their report and this would not generate a score. A score is normally generated when the consumer has had a loan and/or credit card history.
Yes, it is possible to obtain an aqua credit card with just a fair credit score, though it's easier if you have a good score.
Yes, it is possible to have a credit score even though you don't currently have any credit cards. If you have ever applied for credit of any type then you are likely to have a credit score.
Yes!! As long as they are at zero, you do not need to close them to help your score. Just don't open any new ones!!!
First, credit scores don't go down to zero. The only way to improve credit score is to obtain credit, use it wisely, pay it on schedule.
A credit score of 800 is very good and will net some of the best credit offers. A maximum score of 850 is possible on the FICO credit scoring system.
A credit score is looked at to see if you can obtain a loan or get financed for a house, car, etc. It is important to try and keep your credit score as high as possible.
The lowest possible score you can get is zero in fruit ninja
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Interesting Question! A credit score of Zero occurs for a variety of reasons-most due to no credit history, but not due to bankruptcy. Zero credit score can occur because you have not had any credit within the past seven years; you have never had any credit; you have had your credit account suspended due to report of identity theft or fraud; or you were convicted of a felony. There may be other reasons for a zero credit score not mentioned here. The normal range of score is around 300 - 850 (depending on your information source). After bankruptcy, a FICO score in the mid to high 400 range, but after a couple years, this tends to come back up to the 500s, even low 600s (depending on how many accounts were included in bankruptcy). Hope this helps!
This is an OK score. If you get the score up to 770 and higher, you'll qualify for lower interest rates on loans. Over 800 and your a near-zero credit risk.
It depends on where you get your loan, how much collateral, and why your score is 649. Don't be fooled by credit scores. They don't mean what they say they do. I have a credit score of zero and my credit is excellent.