answersLogoWhite

0

A poor credit score is basically anything less than 600. People with scores lower than 600 tend to have to make higher down payments on loans and also endure high APRs on those loans.

User Avatar

Wiki User

18y ago

What else can I help you with?

Related Questions

Is a credit score 634 good?

If you go by TransUnion, a 634 credit score is fair. If you go by Experian or Exuifax that is considered poor. As of 2008 a 634 is definitely a bad score.


What is considered a bad credit score rating?

A credit score rating is not hereditary. If your parents have bad scores, it doesn't affect you, unless they are deadbeats and applied for a loan under your social. You build your own credit score, which under 650 is generally considered poor.


Is 541 a good credit score?

A credit score of 541 is considered poor. It may make it difficult to qualify for credit or loans, and those that are approved may come with higher interest rates. It is important to work on improving your score by making on-time payments and reducing debt.


At what number is a credit score considered excellent?

Usually a credit score over 750 is considered to be excellent. A score of 650 is considered to be average and a score below 600 would be considered poor. Different reporting agencies may provide different scores for the same person.


What credit score is perfect credit and what score is considered bad credit?

Credit score that is around or more than 700 is considered to be good and score below 500 is considered to be bad. It is always advised to constantly monitor your credit score.


What is poor credit score?

520


Is 577 a bad credit score?

577 is a fairly poor credit score. To have a credit score that is acceptable, you want your score to be between 620-680.


Is the score 620 poor fair or good for 2013?

A 620 credit score hinges on poor.


Someone with a poor credit score should be able to lease a car.?

Someone with a poor credit score should be able to lease a car.


How does a 574 credit score rank?

Poor


What is poor credit score rating?

520


Is credit score 606 good?

A credit score of 606 is considered a good credit score. 680 and above is considered an excellent credit score. A good credit store is important if you need to acquire financing for a car, home, or business.