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There is no real definitive answer to this question due to the fact that credit card companies can set their own qualifying standards. However, the majority of companies use the FICO credit score model when evaluating a person's creditworthiness. The parameters of the FICO range from 300 (lowest), up to 850 (highest) credit rating. Suffice to say, that the majority of people fall somewhere in the 600 and 700 range. Using this credit score rating (FICO), an applicant for a credit card would find it difficult if their score was 600 (more precisely, 580)or below. This does not mean that they might not qualify, however, the amount of interest they would be repaying on their credit card would be significantly higher than someone who has a higher FICO credit score.
What else can I help you with?
What credit score is required for a bank of america mortgage loan?
I found on several websites where there were FAQ, they would say there is no minimum credit score required. It all depends on the loan manager as to if you qualify.
How could one obtain a home loan in VA if they had bad credit?
You can always obtain a home loan in VA no matter how your credit history appears to be. No minimum credit score as well as no minimum income can offer great flexibility and relaxed standards even to people with significant economical difficulties.
What is the minimum credit score that a person can have?
The minimum credit score a person can have is typically around 300, but this can vary depending on the credit scoring model being used.
Is it possible to obtain an aqua credit card with juat a fair credit score?
Yes, it is possible to obtain an aqua credit card with just a fair credit score, though it's easier if you have a good score.
What is the required credit score for a FHA loan?
660 and above credit score is required for FHA loans.
What credit score is required for a bank of america mortgage loan?
I found on several websites where there were FAQ, they would say there is no minimum credit score required. It all depends on the loan manager as to if you qualify.
What are the requirements in order to obtain a FHA loan?
Minimum credit score is 620 (according to our banker at Chase). The better your score, the better your interest rate. There aren't any banks that will finance anyone without a minimum credit score and a low debt to income ratio.
How could one obtain a home loan in VA if they had bad credit?
You can always obtain a home loan in VA no matter how your credit history appears to be. No minimum credit score as well as no minimum income can offer great flexibility and relaxed standards even to people with significant economical difficulties.
What is the minimum TOEFL score required for admission to this university?
The minimum TOEFL score required for admission to this university is 80.
What is the minimum average score required to pass the exam?
The minimum average score required to pass the exam is 70.
what is the minimum credit score for an FHA home mortgage?
If you have some credit then you will typically need a minimum middle credit score of 580 to qualify for a FHA loan.
What is the minimum credit score that a person can have?
The minimum credit score a person can have is typically around 300, but this can vary depending on the credit scoring model being used.
Is it possible to obtain an aqua credit card with juat a fair credit score?
Yes, it is possible to obtain an aqua credit card with just a fair credit score, though it's easier if you have a good score.
What is the required credit score for a FHA loan?
660 and above credit score is required for FHA loans.
What is the minimum credit score for a target credit card?
2
Is There A Minimum Credit Score Required For The Approval Of Merchant Cash Advance?
No, there's no credit score requirement to get a merchant cash advance. Upon assessment of your provided information, you will get a lump sum amount for your small business needs whether you have bad credit or no credit.
What is the fha credit score minimum?
620
