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Your credit is fairly good. Well, maybe about average. Credit scores over 620 means that you can get pretty much any loan or credit you want, with okay terms. Credit scores over 720 are gold. You can get the best interest rates.

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โˆ™ 2012-02-29 21:48:29
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Q: What does a 640 credit score mean?
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Related questions

What is a average credit score?

An average score is between 640-679.


Can you get a loan with a 616 credit score?

Most lenders require at least a 640 credit score for a mortgage.


What does your credit score need to be to Get a mortgage through USAA?

640


Is a 567 credit score good or bad?

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.


Is a score of 600 good credit?

No 640 plus is but you are getting close.


Can you get a home loan with a 640 credit score and 2 charge offs?

Yes, you can get a mortgage with a 640 credit score and four charge offs. Obviously, the better debt to income ratio, better credit score, and fewer negatives all help in securing the best loan possible for your situation.


What does a FICO score of 612 mean?

Your credit score. That's a little under whats considered "good" which would be 640-850. You may need a co-signer.


What is the lowest credit score you can have to really be considered for a commercial bank loan?

As of October 20, 2008, they are going to merge with T.D. BankNorth. A Credit Score of 640 is needed for a "Personal Loan". As of October 20, 2008, they are going to merge with T.D. BankNorth. A Credit Score of 640 is needed for a "Personal Loan".


Is a credit score of 591 good?

It's bad-640 plus is good.


Is 748 a good credit score?

Excellent. Anything above around 640 is good.


What is a sub prime credit score and it is 640?

sub prime credit score refers to a credit score which is below the national average. According to a 2011 Experian study, the average score in the USA is 687. So, anything under 687 is considered sub prime.


Is a 665 credit score good?

Anything above 640 is considered good or eligible for finance.


Can you obtain a fha loan with a 632 credit score?

no they want 6 least 640


What credit score do you need to get a credit card?

Below you will find an approximate example of what an issuer may use in regards to credit. One factor to consider is the rate will differ dramatically from a person with good credit and a person with bad credit. Credit rating and history will also affect the amount of credit that is given. Credit Score Rating Example Excellent - 720 - 850 Good - 680 - 720 Fair - 640 - 680 Poor - 350 - 640 No Credit - 300 - 349


What does a credit score of 9003 mean?

Score not available due to lack of credit history.


If you have an 640credit score and you max out all of your cards and decided not to pay them back because you have paid an credit lawyer to remove all the negativeDoes your credit score return to 640?

yea wad u think


What does a 499 credit score mean?

bad credit


What does a 667 credit score mean?

I dont know what exactly 667 is but a credit score is rated on how good your credit/debit card use is, EG: your credit score is Good


What number is a score?

A credit score is a credit evaluation rating. The British use score to mean the number twenty, as well.


Get a car with a 670 credit score?

You will have no problem. Anything above 640 is good & even with lousy credit you can get a car. You just pay more interest.


Can you buy a home with a credit score of 624?

Most lenders require a minimum credit score of at least 640 in order to approve you for a mortgage. There are lenders which will do scores under 640, but they will require a higher down payment and give you a much higher interest rate. I would advise you to bring your score up 16 points to 640 before applying for a mortgage, those 16 points may end up saving you tens thousands of dollars.


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


Can you get a home loan with a 628 credit score?

Yes as long as you mid score is at least a 620 but you better hurry. I know of several lenders that have have increased the credit score requirement to 640+ for <A href="http://www.fhamortgagesdoneright.com">FHA loans</A>


What does a credit score of 640 with no current credit open mean to you to get a car loan?

That's not bad. you are right around the cut off for decent loans with fair interest. As far as getting the loan, don't worry. if you have the income, anyone can, you just pay more with lousy credit.


Is a credit score of 697 good enough to get a mortgage?

Generally, FHA credit score requirement is 620-640, and 660 for a conventional loan, so yes. The rest depends on your income, debt to income ratio, and down payment.