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Most lenders prefer a cosigner to have a credit score of at least 620. However, cosigners with a credit score of 720 or above is always preferred.
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∙ 9y ago
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What is the lowest credit score a credit union will accept for a car loan?
660
How does a 678 credit score rank?
A score of 660 is generally considered the lowest "good" credit score. A 678 is slightly higher, but you'll get better interest rates for your credit with a score in the 700s.
Is 787 a good credit score?
The credit system is rated on a numerical system with the lowest numbers being considered the worst. Any score over 720 is considered an excellent credit score, so yes 787 would be an exceptional credit score.
Which persons credit score is used when a recently married couple applies for a Mortgage?
the person with the lowest score
What is the lowest possible credit score you must have to obtain a bad credit loan?
In order to obtain a bad credit loan a person has to have a credit score is 620 anything below that would be considered high risk.
What is the lowest credit score a credit union will accept for a car loan?
660
How does a 678 credit score rank?
A score of 660 is generally considered the lowest "good" credit score. A 678 is slightly higher, but you'll get better interest rates for your credit with a score in the 700s.
Is 787 credit score good?
The credit system is rated on a numerical system with the lowest numbers being considered the worst. Any score over 720 is considered an excellent credit score, so yes 787 would be an exceptional credit score.
Is 787 a good credit score?
The credit system is rated on a numerical system with the lowest numbers being considered the worst. Any score over 720 is considered an excellent credit score, so yes 787 would be an exceptional credit score.
Which persons credit score is used when a recently married couple applies for a Mortgage?
the person with the lowest score
What is the lowest possible credit score you must have to obtain a bad credit loan?
In order to obtain a bad credit loan a person has to have a credit score is 620 anything below that would be considered high risk.
Is a credit score of 712 enough to qualify for a new car loan?
A credit score of 712 is respectable; the maximum score possible is 850 and usually only reached by mature adults with absolutely no credit problems in their lives, ever, and very steady use of credit. You should qualify for close to the lowest interest rate possible, if not the actual lowest rate.
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.
Credit Rating Score and Your Wallet?
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.
Is 783 a good credit score?
A credit score of 783 is quite good and will produce some of the lowest interest rates possible. Those with high credit scores are considered to be low risk but may not be as profitable as lower ranked individuals.
What credit agency is most strict?
I don't know exactly what you mean by "strictest", but Experian gives me the lowest score.
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".
