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What is the minimum credit score required to obtain a credit card?
Wiki User
∙ 18y ago
There is no real definitive answer to this question due to the fact that credit card companies can set their own qualifying standards. However, the majority of companies use the FICO credit score model when evaluating a person's creditworthiness. The parameters of the FICO range from 300 (lowest), up to 850 (highest) credit rating. Suffice to say, that the majority of people fall somewhere in the 600 and 700 range. Using this credit score rating (FICO), an applicant for a credit card would find it difficult if their score was 600 (more precisely, 580)or below. This does not mean that they might not qualify, however, the amount of interest they would be repaying on their credit card would be significantly higher than someone who has a higher FICO credit score.
Wiki User
∙ 18y ago
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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.
How could one obtain a home loan in VA if they had bad credit?
You can always obtain a home loan in VA no matter how your credit history appears to be. No minimum credit score as well as no minimum income can offer great flexibility and relaxed standards even to people with significant economical difficulties.
Is it possible to obtain an aqua credit card with juat a fair credit score?
Yes, it is possible to obtain an aqua credit card with just a fair credit score, though it's easier if you have a good score.
What is the required credit score for a FHA loan?
660 and above credit score is required for FHA loans.
What is the minimum credit score for a target credit card?
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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 are the requirements in order to obtain a FHA loan?
Minimum credit score is 620 (according to our banker at Chase). The better your score, the better your interest rate. There aren't any banks that will finance anyone without a minimum credit score and a low debt to income ratio.
How could one obtain a home loan in VA if they had bad credit?
You can always obtain a home loan in VA no matter how your credit history appears to be. No minimum credit score as well as no minimum income can offer great flexibility and relaxed standards even to people with significant economical difficulties.
what is the minimum credit score for an FHA home mortgage?
If you have some credit then you will typically need a minimum middle credit score of 580 to qualify for a FHA loan.
Is it possible to obtain an aqua credit card with juat a fair credit score?
Yes, it is possible to obtain an aqua credit card with just a fair credit score, though it's easier if you have a good score.
What is the required credit score for a FHA loan?
660 and above credit score is required for FHA loans.
What is the minimum credit score for a target credit card?
2
Is There A Minimum Credit Score Required For The Approval Of Merchant Cash Advance?
No, there's no credit score requirement to get a merchant cash advance. Upon assessment of your provided information, you will get a lump sum amount for your small business needs whether you have bad credit or no credit.
What is the fha credit score minimum?
620
Is there a place I can obtain my credit score/report, and get advice on those credit scores?
You can obtain your credit score from freecreditreport.com and from your bank or financial institute. You can also get helpful advice from these sources.
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.
Where can one find more information about credit score for auto loans?
The best way to find more information about credit scores for auto loans would be to obtain one's own credit score. Also check with the car dealership one is seeking to purchase a vehicle from to see if a credit score is required.
