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your payment history and your debt load
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∙ 11y ago
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What is the best credit score a person can get?
The absolute highest credit score you can get is 850. Only one out of every two hundred Americans has a perfect credit score of 850. It is very difficult to obtain a credit score that high.
How to bring my credit score up 60 points in 30 days?
The two biggest things that can hurt your credit score are not paying your credit on time and holding too much of a balance on revolving accounts. The best way to bring up your credit score 60 points in 30 days would be to make sure you pay all of your accounts on time and to pay down as many revolving accounts as you can.
How would one go about buying credit scores?
One has to purchase their credit score which is different from a credit rating. The credit score is purchased from FICO which is the only place to buy if from so you do not get two different scores.
What credit score of the three do creditors use?
When you have all three credit scores pulled, most creditors look at the middle score. If you have onloy two credit scores pulled, they will use the lowest one.
What fico score do you need for a credit card?
It depends back in January of 2006 I was prequalified for a WellsFargo credit card with a 1000.00 credit limit and my credit score was between 600-620, since then to date my credit score has dropped to 578-599 and I have received two credit limit increases from them , this could be because a credit card company doesn't base future increases souly on your credit score once you are an established customer but on your payment history and credit limit management skills. www.wellsfargofinancial.com
What two major componet affect your credit score?
The two biggest factors in determining your credit score are Payment History and Amounts owed (Utilization rate).
What is the best credit score a person can get?
The absolute highest credit score you can get is 850. Only one out of every two hundred Americans has a perfect credit score of 850. It is very difficult to obtain a credit score that high.
How to bring my credit score up 60 points in 30 days?
The two biggest things that can hurt your credit score are not paying your credit on time and holding too much of a balance on revolving accounts. The best way to bring up your credit score 60 points in 30 days would be to make sure you pay all of your accounts on time and to pay down as many revolving accounts as you can.
How do you raise your credit score two points?
You masturbate.
Will you get a two thousand dollar loan with credit of 649?
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.
How would one go about buying credit scores?
One has to purchase their credit score which is different from a credit rating. The credit score is purchased from FICO which is the only place to buy if from so you do not get two different scores.
How much can buying a new car lower your credit score?
Buying a new car changes what's called your utilization ratio. This is the amount of debt you to the amount of credit you have available. The lower your ratio, the better it is for your credit score. Additionally, before lenders give you a car loan, they'll want to see your credit score. Checking your score for this reason causes a "hard inquiry" to be placed on your credit report. Hard inquiries can lower your score and remain on your credit report for up to two years.
What credit score of the three do creditors use?
When you have all three credit scores pulled, most creditors look at the middle score. If you have onloy two credit scores pulled, they will use the lowest one.
What fico score do you need for a credit card?
It depends back in January of 2006 I was prequalified for a WellsFargo credit card with a 1000.00 credit limit and my credit score was between 600-620, since then to date my credit score has dropped to 578-599 and I have received two credit limit increases from them , this could be because a credit card company doesn't base future increases souly on your credit score once you are an established customer but on your payment history and credit limit management skills. www.wellsfargofinancial.com
Where can a free copy of a recent credit score be obtained?
A person can get a free copy of their credit report score from Annual Credit Report. A person can request that information by phone or by letter, which should arrive within two weeks.
How often does your credit score change?
One's credit score is in a constant state of flux because any change in the credit report results in the bureau automatically recalculating your credit score. In general, assuming that one is not actively looking for new credit, is paying off their existing credit lines on time, is not growing balances and is not filing for bankruptcy, your score will change in a minor way every two-to-three (2-3) months.
How to clean up credit report after bankruptcy?
Keep in mind that a bankruptcy will affect your credit score. What you must do now is add good credit e.g. secure credit cards and maybe a secure loan will increase your credit score within 2 years. Your credit scrore primarily judge consumers on what they have done within the last two years. If you add good credit, your score will increase.
