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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 your: Take a look at Phil Turner's Credit Bible. You should find valuable information on fixing and improving your credit.
What else can I help you with?
Is a 651 credit score bad?
i wouldn't say bad but it could be better.
How does 753 fico score rank?
would a credit score of 753 be considered a good credit score?
Can you get approved for a mortgage with a 651 credit score?
Sure, although you may have to come up with a larger down payment than someone with a credit score of 700.
How does a 503 credit score rank?
503
How does a 752 credit score rank?
Exillant
Is a 651 credit score bad?
i wouldn't say bad but it could be better.
How does 753 fico score rank?
would a credit score of 753 be considered a good credit score?
Can you get approved for a mortgage with a 651 credit score?
Sure, although you may have to come up with a larger down payment than someone with a credit score of 700.
How does a 503 credit score rank?
503
How does a 752 credit score rank?
Exillant
How does a 574 credit score rank?
Poor
How does a 990 credit score rank?
1st
How does a 638 credit score rank?
FAIR
How does a 736 credit score rank?
If a person has a credit score of 720 or above, they are considered to have excellent credit. The average credit score in the United States is 720.
How does a credit score of 843 rank?
TOP 1%
How does a 678 credit score rank?
A score of 660 is generally considered the lowest "good" credit score. A 678 is slightly higher, but you'll get better interest rates for your credit with a score in the 700s.
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.
