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Q: Why is having a good credit score important?
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How can one qualify for the cheapest mortgage rates?

Having a good credit score is important for getting cheap mortgage rates. One can request their own credit score and show it to potential lenders; this is superior to having lenders request one's credit score, which can affect the score.


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.


When it comes to credit what is good?

A good credit score is anything between 700 and 749. It is very important to have a good credit score when wanting to buy a house.


What are the requirements of applying for a credit card?

There are many requirements to applying for a credit card. The biggest requirement is having a good credit score. Without a good credit score, one cannot get a credit card.


Is 807 a good credit score?

That is a very high credit score. A sign of paying all of your bills on time or early and having little credit car debt.


How good is an 869 Credit Score?

How good is an 869 credit score?


Benefits of Getting a Free Credit Score?

Due to the tightened credit markets, having a good credit score today is more important that it ever was in before. Because of this, you should take advantage of opportunities to get your free credit score when it is available. When you get a free copy of your credit score you will be able to see what your score is and how it compares to other consumers. You will also get a report stating what is keeping your score lower than what it could be. From there you can concentrate your efforts to try and improve those areas, which should improve your overall score.


What is a credit report and why is it important?

it is when you check your credit it shows you your score and tells you if it is good or bad and it is important because without it you could spend extra money on something you buy because you have a bad credit report score.


Why is it important to have a good credit score?

credit helps you get loans so that banks know you are good for the money. loans get you cars and homes.


Is the credit score of 583 a good score?

583-619 is bad credit score in credit score range


What is a good range for a credit score?

Good credit score ranges between 680- 750 and above this range credit score is considered excellent. Check your credit score regularly to get an idea about your credit score regularly.


Will credit card increase my score?

That depends on the consumer using the credit card. Paying on time and keeping low balances will keep your good credit standing ...good. Not paying on time and having the balance close to the credit limit will decrease your credit score dramatically Having a lot of credit cards is not good either because the risk of possibly being in debt is high. Also if you apply for a new credit card it will reduce your credit score because it's consider a new loan with no credit history, as the credit card gets older and more established the score will go back up.