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What will my interest rate be with a credit score of 593?


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Wiki User
2012-07-31 14:02:48
2012-07-31 14:02:48

12%

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This is a very poor credit score. You can apply but it is unlikely you will get a loan without a cosigner. If you are able to get a loan without a cosigner your interest rate will be very high as compare to someone with a good credit score of over 700.

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593 bad. anything below 700.. The closer you are to 830 the better. For what ever reason the score run 830 to 330.

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I only know one score and it is not good - 593, but I have turned my life around and paid all (known) debt.

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If that's a credit score or FICO score: then it's fair (not really good, not the worst). How do I improve so I can lower my mortgage and buy my daughter a car In 2009, in actuality, 593 is an inadequate credit score for most credit products. Many banks require at least a 620; many more require an even high score. The way to improve it is to continue pay your bills on time, don't miss ANY payments whatsoever, go over your credit report to make sure there aren't any accounts that are not yours, dispute the ones that are not yours, obtain a secured credit card and pay it ON TIME each month, and PAY YOUR BILLS ON TIME.


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