Personal Finance
Improving Your Credit Rating
Money Management

What is a good credit rating score?


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2006-02-19 02:10:50
2006-02-19 02:10:50

650 is considered very good, meaning creditors will be making you offers, good ones. 650-620 is good, everything under 620 is considered risky, the amount of risk correlating with the score itself.


Related Questions

I got an apartment with this credit score, actually pretty good.

A high credit score rating means someone is in good standing credit wise. They are prompt in payments and always pay payments in full. A good credit score is sought after by many people, because its a mark of a responsible person.

Yes closing a credit card can damage your credit score. But as long as everything else is good it should not affect you credit rating to much. Look for tips to keep a good credit card rating.

Equifax is one of the major three credit bureaus. According to their rating system, a good credit score is between 725 and 759.

The difference between credit score and credit rating is simple Credit score (or credit history) is the history of paying back debt where as credit rating the the reputation for paying back money owing

That's the highest possible.

Quite good. I believe the range is 500-850.

A high fico score means you could have anywhere from a good credit rating to an excellent credit rating. If you have a high fico score, it means you pay your bills on time with no late or missing payments.

Yes. according to credit score rating this means that your credit score ranks higher than 99.84% of U.S. consumers. This is current as of 7/7/08.

Yes, payment history accounts for 35% of your credit score. So paying your bills on time will help you maintain a good 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

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

there are such sites. one of them is this site offers a complete credit report, with explanations for why your score is where it is, as well as ways you can improve it for good.

776 is a good credit score. A credit score of 700 or above is generally considered good.

583-619 is bad credit score in credit score range

The Clear Credit Corporation is a company that helps people improve their credit and maintain a good credit rating. The services they offer include the following: credit score optimization, credit restoration, debt settlement, and credit score consulting.

There are various websites where one can get a free credit rating score. Some such websites are Equifax, AnnualCreditReport, Credit Karma, and myFICO.

People with a lower credit rating score present a higher risk to lenders than those with a higher credit rating score. Therefore, those who present the highest risk will receive the highest interest rates and those who present the lowest risk will receive the lowest interest rates. While this may not seem fair, the bank sees someone with a 650 credit rating score as a higher risk of defaulting on their loan than a person with a 750 credit score. This is because, statistically speaking, those with a 750 credit rating score do default less than those who a 650 score.

An individual's credit score can affect all aspects of life. Having a good credit score, or improving a poor score, can be accomplished by several ways, including paying off debt, never submitting late payments, and not having a high debt to income ratio.

The FICO score ranges from 300 to 850.

There are services online to help you find your current credit score rating. You can go to or

A credit score of 709 is considered to be good. Anything over 750 is excellent. However it is a good idea to note 700+ is considered a TIER 1 rating by most auto dealerships.

A credit score of 630–689 is generally considered to be fair credit score, 700 or above is generally considered to be a good credit score.

How long does it take for credit score to go up in rating after paying off debt?

You can't score a 1000. The highest your FICO score can go is 850.

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