answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is better high or low credit score?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How can you get your true credit score?

You can get your true credit score by going on a website. You can also ask your bank accountant for your credit score. Usually a low number is better than a high one.


Can i get a credit card with a low credit score?

To find your credit score, go to a site such as freecreditreport.com. You want a HIGH credit score, NOT low. The best cards for high credit score are Chase Freedom Visa, Citi Platinum Select MasterCard, and Citi Diamond Preferred.


Where can a low interest credit card offer be found?

I have had great luck with credit karma but often the better your credit score is the lower your interest rate offers will be. If you re perceived as high credit risk your not going to get a low interest rate.


Are loans easy to apply for with a high credit score?

Your credit score will make everything easier (loan wise). If you have a low cred store such as in the 500's, you probably will not get a loan. Though if you have one in the 600 range you have a better chance.


What effect does a credit score have on a mortgage?

The credit score can effect mortgage rates in a lot of differnt ways. If someone has a high credit score he get a lower mortgage rate and if someone has a low credit score he gets a higher mortgage rate.


Where can I get my annual credit score?

You can get your annual credit score at Checkmycredit.com or freecreditreport.com and after you do this you can take that number and figure out whether it is high or low and then take the appropriate measures.


Where can one receive a low credit score loan?

Generally one does not want a low credit score. A low credit score can prevent one from obtaining credit cards, loans or mortgages. One can find their credit score at transunion.


What is the average expected credit score to receive a mortgage loan?

There is not an average expected credit score to receive a mortgage loan. You may have a low credit score, and an high income and still be able to qualify. Loans are not just based on credit score.


If you have a low credit score can you finace a used car?

Maybe. The only way to know is to go see. It will depend to some extent on how low and why it's low. There are lenders that specialize in high risk loans; you'll have to pay a higher interest rate than someone with a better credit score would, of course.


What is the worst credit score that a person can have and still get a loan?

500 is about the lowest score one can have and still get a loan. Although, the interst rates will be very high but one will have little choice with such a low score that they will not find a better offer.


What is the credit score requirement for a Barclays credit card?

You must have both a good credit score (600 or more) and little or no debts, you may qualify for a Barclays credit card. There are different categories that allow you to qualify for a Barclays credit card, which can be helpful for people with high credit scores but low debts or people with average credit scores with low debt. Remember that you might be denied a credit card even if you have a high credit score, due to high debts.


Does your credit score affect your auto loan rate?

Absolutely it does! Your credit score is used by credit agencies to determine the amount of risk they are taking on. If your credit score is bad or low then you auto loan rate will be higher. However, if your credit score is good or high then your auto loan rate will be lower.