No, it's still "bad" not very bad- but "bad" It used to be an okay score; before the FICO 08 score changes.....Fico is the real credit score...not the other you pull from the credit bureaus. Those are estimated scores.MyFICO.com is the official score sight- which can resolve any other questions you may have.
It depends on the what is in your credit file when it comes to FHA. The best FHA lenders offer the best rates at 660 minimum credit score. They will also look to see if you need to have a 'manual underwrite' done on your loan. If that is the case, then you will have a higher rate.
Yes. Considering the national average is 687, 623 denotes that you are a high risk candidate. The landlord may do one of 2 things. Either not rent to you at all, since rental homes are at a premium. Or ask that you give them a very high security deposit to offset the higher risk that they are taking on by renting to you. Fix your credit score, get your score up to at least average, then go rent a house.
How good is an 869 credit score?
your credit will be screwed... and it will take a long time to get good credit agian.. your credit will be screwed... and it will take a long time to get good credit agian.. your credit will be screwed... and it will take a long time to get good credit agian..
A credit score of 720 or higher is generally considered very good credit.
It depends on the what is in your credit file when it comes to FHA. The best FHA lenders offer the best rates at 660 minimum credit score. They will also look to see if you need to have a 'manual underwrite' done on your loan. If that is the case, then you will have a higher rate.
only 1 and 623. 623 is not divisible by any number
The numerical score ranges from 990 to 501 equaling grade ranges from A to F. 623 is in the D range. That is the Vantage Score, which is not used much in the savings and loan industry. A 623 FICO is probably equivalenet to a 700's Vantage Score, which would place you in the "C" range. I would say that 623 is an adequate score in the sense that you would qualify for an FHA loan (very important if you are seeking a house). Conventional (Non-FHA)mortgages would be more problematic--and would yield relatively high interest rates, thus increasing your monthly mortgage payment. Improvement in that score is required in order for you to qualify for decent interest rates off of many kinds of loans. 623 disqualifies you from getting the best credit cards and the most substantial credit lines. Your situation is not hopeless, however.
623
409 + 623 = 1032
623
623 is divisible by 7.
-81 + 623 = 542
3% of 623 is 18.69
191
1000 - 623 = 377
623 is rounded to the nearest unit.