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What a credit score of 650 mean?

Updated: 9/14/2023
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14y ago

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It means you have a score a little below average and in the "fair" to "less than fair" range. Obtaining some types of credit may be difficult. Traditional lenders may not accept that score and alternative or specialty lenders may be required.

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14y ago
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Q: What a credit score of 650 mean?
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Related questions

Is 650 a bad credit score?

The credit score 650 is really not that bad. With a 650 credit score you can finance a home or car.


650 credit score?

650 is an OK score, a little on the low side, but OK.


Is a 650 credit score high enough to rent an apartment?

Yes.


What credit score do credit card companies look for?

most credit card companies that lend to "Prime" consumers like to see a credit score of 650 or higher... any score over750 is considered excellent


What is an excellent credit rating?

I would consider anything over 750 score an excellent credit rating 650 score good 620 - 650 score average anything below, needs some improvement by reducing debt and paying on time


What credit score is consider good?

650 and above is considered very good. 620-650 is considered good (average FICO score) in some cases there might be a problem with large loans. 620 and below is considered a credit risk, that does not necessarily mean the person cannot obtain credit. It means it is likely the amount and terms of credit would differ significantly than offers made to someone with a higher score.


Is a credit score of 453 good?

650 and above is considered very good. 620-650 is considered good (average FICO score) in some cases there might be a problem with large loans. 620 and below is considered a credit risk, that does not necessarily mean the person cannot obtain credit. It means it is likely the amount and terms of credit would differ significantly than offers made to someone with a higher score.


What is considered a good credit score?

650 and above is considered very good. 620-650 is considered good (average FICO score) in some cases there might be a problem with large loans. 620 and below is considered a credit risk, that does not necessarily mean the person cannot obtain credit. It means it is likely the amount and terms of credit would differ significantly than offers made to someone with a higher score.


What kind of credit score will you need to obtain a home mortgage?

650 and above


Is 598 a bad credit score?

yes, anything below 650 is not good.


What is the perfect credit score in order to get a home loan?

A "credit score" is one of the major factors that a mortgage lender will review as to whether or not the individual will receive the opportunity to acquire a mortgage/home loan. The minimum/acceptable credit score is 650. 650 will allow the opportunity to a chance of acquiring a mortgage/home loan.


Is a credit score of 650 to 746 good?

yes, the later (746) is better than the 650 score. The higher score 746 probably means you've had credit card for a long time with low balances. This customer usually pays in full and doesn't pay interest. The 650 score probably has mid balances and may have had a few lates within the past few years