0
The credit score is basically a risk calculator to let creditors know how much of a risk you are when it comes to repaying credit cards and loans. Any number 640 and above is considered a good number. Only the very "best" have scores above 770.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
How is your credit score computed?
Credit scores are personal information. If you can tell me how your credit score is computed then I will tell you how my credit score is computed. Okay?
What number is a score?
A credit score is a credit evaluation rating. The British use score to mean the number twenty, as well.
Where could you find your credit report score chart?
Your credit report score chart can be found on sites like Equifax or TransUnion credit sites. You can find many credit sites online and you just sign up there and they will offer you your credit score and every that is on your credit.
Where is it possible to find a credit score calculator?
One can find a credit score calculator and estimate his/her credit score on Calxml. The result depends on one's mortgage, auto loan, student loan, credit card, etc.
Credit Score Scale?
Credit scale is a simple rating system giving numbers to credit depending on a number of factors. A lot of scales you will find on the internet start near 300 (poor) and go up to 850 (perfect)
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.
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.
What is considered to be bad credit?
The credit score range lies between 300 and 850. A bad credit score may fall between the numbers 300 and 660.
What is the meaning of Experian Credit score online?
The Experian credit score is calculated by ones credit reports. This score is also called a 'risk score', which will be delivered as soon as a lender sends a request for ones credit report. In this case 'online' just means that one has online access to ones Experian credit report and score.
One Of The Most Important Numbers?
Your credit report is one of the most important numbers you will have in your life. You can call one of the credit reporting agencies to have them send you your credit score. When you buy a car or a home your credit score will be used to determine the down payment and the monthly payments. It can also determine if you even get the house or car you wish to purchase. You can improve your credit score by making payments on time.
What is the meaning of credit cards for people with poor credit?
The meaning of credit cards for people with poor credit refers to credit cards that are approved to people that have had financial problems or debts in the past. They usually allow one to rebuild their credit score.
Is the credit score of 583 a good score?
583-619 is bad credit score in credit score range
How much does your credit score increase once a bankruptcy comes off your credit report?
Credit scores are calculated and affected by the consumer's overall credit history. After a bankrkupcy entry is expunged the score will eventually improve but a specific answer as to the exact numbers is not possible.
How does opening new credit cards or lines of credit affect your credit score if you do decide not to use them?
If your combine total credit limit is below 35%, it will help your overall credit score. However, if you own more that 35% of your total credit line, meaning of all of your credit cards, you score will go down. Make sure you keep your line of credit usage below 30% on each card.
How many points a new update can lower your credit score?
raises it stay on top the numbers
What is a good range for a credit score?
Good credit score ranges between 680- 750 and above this range credit score is considered excellent. Check your credit score regularly to get an idea about your credit score regularly.
