"Should" is subjective. It depends on the type of loan you are attempting to get. FHA loans accept lower credit scores than traditional lenders. Traditional lenders have rate discounts at the higher levels, the best loans being found with scores over 800. Each lender is different. Some price everyone the same over 750, or 720. On average a score over 680 is desirable, although loans can be had with lower scores. Don't forget that lenders are now placing a greater weight on debt ratios and down payment levels.
as far as your credit score goes, than answer is a resounding YES, that is a great credit score. Of course there are other factors such as your income, your work history, what kind of credit you currently have, what type of financing are you looking for, etc.
No, your low credit score should not affect your husband's credit score, unless the lender/bank uses both your information for the loan. Credit score is based on each individual's information.
Yes, 766 is considered a good credit score. It is not a perfect credit score, but should be able to get you lower interest rates and approved loans.
560-619 credit score is very risky. So it is not a good score. At first you have to check why you have this type of score. Then you have to increase it. If your score is higher than 660, you will be considered a good credit risk.
629 is not a bad credit score, but it is not great either. A credit score of 629 means you have a medium credit risk. You probably won't have trouble getting a loan or a credit card, but you may not get the best interest rates or terms. You should focus on building your credit history and improving your credit score by making on-time payments and keeping your debt levels low.
as far as your credit score goes, than answer is a resounding YES, that is a great credit score. Of course there are other factors such as your income, your work history, what kind of credit you currently have, what type of financing are you looking for, etc.
Most of the time any credit will do, as long as its not a horrible score. If you have no credit its very easy to do, however you will usually incur a higher interest rate. Usually between 14 and 18% APR as a first time buyer.
The first place one should go is to get their credit report and FICO score. Any loan you are going to get or apply for is based largely on your credit score.
Do things that will improve your credit score. Pay off your credit cards as much as you can, contributing most to the one with the highest interest rate. If you have declared bankruptcy in the past, you should wait until after 10 years before the bankruptcy is no longer listed on your credit report. Look into whether you qualify for the $8000 federal first-time home buyer tax credit.
No, your low credit score should not affect your husband's credit score, unless the lender/bank uses both your information for the loan. Credit score is based on each individual's information.
Someone with a poor credit score should be able to lease a car.
Yes, 766 is considered a good credit score. It is not a perfect credit score, but should be able to get you lower interest rates and approved loans.
You should first take a look at your personal financial situation. First take a look at your credit score to see if you will even be approved. Determine if you need one or not. Getting another card will help raise your score if you are able to keep the balances down.
560-619 credit score is very risky. So it is not a good score. At first you have to check why you have this type of score. Then you have to increase it. If your score is higher than 660, you will be considered a good credit risk.
629 is not a bad credit score, but it is not great either. A credit score of 629 means you have a medium credit risk. You probably won't have trouble getting a loan or a credit card, but you may not get the best interest rates or terms. You should focus on building your credit history and improving your credit score by making on-time payments and keeping your debt levels low.
To improve you credit score for an auto loan, you need to pay off your bills on time. You should pay off your debt. You should not take out additional credit and you should check your credit report.
When people are in credit debt, they often wonder what their score is. The best score you can get in credit debt depends on many different things. You should ask your credit card company for this type of information.