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Which best explains what a credit score represents A. A number showing how likely you are to have more than one credit card. B. A numerical rating that expresses how likely you are to repay your debts?
It's option B... It's an indication of how promptly you pay off your debts.
What is the best score you can get in credit debt?
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.
What is the best credit score a person can get?
The absolute highest credit score you can get is 850. Only one out of every two hundred Americans has a perfect credit score of 850. It is very difficult to obtain a credit score that high.
Where can one find an estimator for their credit score?
One can find an estimator for their credit score on various sites across the world wide web. The best website for checking credit score is the website Free Credit Score.
Is a credit score of 800 good?
A credit score of 800 is very good and will net some of the best credit offers. A maximum score of 850 is possible on the FICO credit scoring system.
Which best explains what a credit score represents A. A number showing how likely you are to have more than one credit card. B. A numerical rating that expresses how likely you are to repay your debts?
It's option B... It's an indication of how promptly you pay off your debts.
What website is best to check your credit score?
The site I like the best to check my credit score is www.myFICO.com.
What is the best score you can get in credit debt?
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.
Where can one find an estimator for their credit score?
One can find an estimator for their credit score on various sites across the world wide web. The best website for checking credit score is the website Free Credit Score.
What is the best credit score a person can get?
The absolute highest credit score you can get is 850. Only one out of every two hundred Americans has a perfect credit score of 850. It is very difficult to obtain a credit score that high.
Is a credit score of 800 good?
A credit score of 800 is very good and will net some of the best credit offers. A maximum score of 850 is possible on the FICO credit scoring system.
Are there any credit cards that won't negatively affect my credit score?
Your best bet would be to close those older credit cards. While it may take some time, your credit score can be improved. However, opening a new credit card, even if it doesn't affect your credit score may not be the best way to go. I am unsure if there is a credit card that wouldn't affect your credit score.
How does a 663 credit score rank?
A 663 credit score ranks in the middle on the spectrum. A 750 or greater score is needed for the best interest rates.
Is 629 a bad credit score?
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.
Can i get a credit card with a low credit score?
To find your credit score, go to a site such as freecreditreport.com. You want a HIGH credit score, NOT low. The best cards for high credit score are Chase Freedom Visa, Citi Platinum Select MasterCard, and Citi Diamond Preferred.
What does a credit score mean?
Your credit is fairly good. Well, maybe about average. Credit scores over 620 means that you can get pretty much any loan or credit you want, with okay terms. Credit scores over 720 are gold. You can get the best interest rates.
Do prepaid credit cards improve your credit score?
No prepaid credit cards do not increase your credit score. What you need is understand on how the credit score system works. Below is a way of interpreting your credit score. Given the current credit score stats, how does this relate to your own personal score? Generally, if your score is higher than 660, you will be considered a good credit risk. If your score is below 620, then you might have a tougher time getting a loan. The following ratings explain the impact of the different score ranges: * 720-850 - Excellent - This represents the best score range and best financing terms. * 700-719 - Very Good - Qualifies a person for favorable financing. * 675-699 - Average - A score in this range will usually qualify for most loans. * 620-674 - Sub-prime - May still qualify, but will pay higher interest. * 560-619 - Risky - Will have trouble obtaining a loan. * 500-559 - Very Risky - Need to work on improving your rating. If you want to learn more about credit scores and how to improve yours: Take a look at Phil Turner's Credit Bible. You should find valuable information on fixing and improving your credit.
