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What is the average minimum credit score required for obtaining a home loan?
Wiki User
∙ 17y ago
The better rates go to those who have the higher credit ratings. If you have a credit rating below 680, your rate will be affected. Downpayment of 20% may also help, but generally there are also differences in rates according to the amount you borrow.
Wiki User
∙ 17y ago
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What is the average minimum credit score required for obtaining a consolidation loan?
Depending on what lender you go to, you'll probably need a credit score of at least 540 if not higher. If debt consolidation loans are not a viable option for you, you may want to look into credit counseling services who can negotiate lower interest rates for you and can consolidate your debt.
What a credit score of 650 mean?
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.
What are the benefits of having a personal line of credit?
-revolving credit -a credit limit -monthly statement -enable cash advances -minimum payment required -insurance offered
What credit score is required for a bank of america mortgage loan?
I found on several websites where there were FAQ, they would say there is no minimum credit score required. It all depends on the loan manager as to if you qualify.
What credit rating is required to obtain a Chase Secured Credit Card?
Anyone with a credit score can obtain a Chase Secured Credit Card. However, this type of credit card is mainly designed for people that have less than perfect credit ratings and need help in obtaining positive credit history.
What is the average minimum credit score required for obtaining a consolidation loan?
Depending on what lender you go to, you'll probably need a credit score of at least 540 if not higher. If debt consolidation loans are not a viable option for you, you may want to look into credit counseling services who can negotiate lower interest rates for you and can consolidate your debt.
What is the meaning of obtaining fast credit?
Obtaining fast credit refers to someone's credit score. Obtaining fast credit means that someone is getting a better credit score by correcting errors.
How do you get a degree in college?
Get good grades and complete the minimum required number of credit hours.
What a credit score of 650 mean?
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.
If your credit card balance is 1150 and the minimum monthly payment required is 3 percent What is the minimum amount you must pay this month?
34.50
What are the benefits of having a personal line of credit?
-revolving credit -a credit limit -monthly statement -enable cash advances -minimum payment required -insurance offered
What credit score is required for a bank of america mortgage loan?
I found on several websites where there were FAQ, they would say there is no minimum credit score required. It all depends on the loan manager as to if you qualify.
Is there a minimum income required to qualify for an income protection insurance?
Yes, a minimum income is required. Companies would not be able to offer protection to someone that cannot sustain monthly payments. Also credit is important.
What minimum credit score is required to get financing for a good used car?
Generally used car financing requires a credit score of 680 or higher to be sure to be approved and get reasonable rates. If you are obtaining financing directly from the seller/dealership and put down at least 25%, someone with a credit score of 650 should find success. If you don't, however, have the income to support the payments, you WILL be turned down.
What credit rating is required to obtain a Chase Secured Credit Card?
Anyone with a credit score can obtain a Chase Secured Credit Card. However, this type of credit card is mainly designed for people that have less than perfect credit ratings and need help in obtaining positive credit history.
How many minimum credit hours are required per semester?
To be classified as a full time student you must be taking at least 12 credit hours a semester.
What is the minimum amount for a party to enter into a credit default swap?
There is no "minimum amount" required for a party to enter into a credit default swap. The market for CDS products varies and terms are set by both parties agreeing to enter into the transaction.
