answersLogoWhite

0

A credit score of 545 is considered poor. Scores typically range from 300 to 850, and a score in this range may indicate a higher risk to lenders. Individuals with a score of 545 may face challenges in obtaining loans or credit, and if they do qualify, they may encounter higher interest rates or unfavorable terms. It's advisable for those with such a score to take steps to improve their credit history and financial habits.

User Avatar

AnswerBot

2mo ago

What else can I help you with?

Related Questions

Rc willey credit card requirements credit score?

What kind of credit score for rc willey


What kind of credit card can you get with a credit score of 593?

You have lot of options,


620 credit score?

There is nothing called as good credit score or bad credit score. It all depends on what kind of financial product you are applying for and how aggressive the banks are to which you have applied.


What kind of credit score do you have to have to buy a house?

mortgages


How many points does a charge off take from your credit score?

first it depends what kind of charge off it is. and your credit score is all up to which credit company your checking your credit on .. there is no real answer to that question.


Is 592 a good credit score?

No. You need to be in the 700's to be considered for credit of any kind.


What does it mean to have credit?

If you have a credit that is not bad but you have to pay those credit within the particular time. When you apply for a loan for any purpose, the lender will look at your credit score to measure what kind of interest will chargeable for you. So credit score is important.


What kind of credit score will you need to obtain a home mortgage?

650 and above


Whats the fastest way to raise your credit score?

Get a credit card, buy things with it and pay them off IMMEDIATELY when you get the bill. As long as you are NEVER late, this kind of credit (called revolving credit) will raise your score quickly. If you are ever, ever late this will lower your score even faster.


Is the credit score of 583 a good score?

583-619 is bad credit score in credit score range


Tom bill Susan's and sandy went bowling tom score was 132 bills score was 140 Susan's scored 145 and sandy score was 128 what was the average score of all four bowlers?

132+140+145+128 = 545 545/4 = 136.25 Answer: 136.25


Is 772 a good credit score?

Very good - no problem with any kind of credit needs - dependant on income of course.