answersLogoWhite

0

In today's world your credit score plays a major role in determining whether or not you are able to obtain a mortgage loan, auto loan, credit card, etc. etc. with an attractive interest rate.

General institutions use your FICO to determine whether or not they will extend you a credit offer. FICO scores range from 375 to 900. Although lenders set their own guidelines as to what is exceptable, so generally speaking a credit score of 660 or greater indicates a good credit risk. Scores that fall between 620 and 660 is still not bad. If your scores falls below 620 you may have a tough time obtaining a loan.

Take a look at this site to see what the national credit score average is, it also breaks this information down by state.

http://www.nationalscoreindex.com/USScore.aspx

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

Can you get a Home Depot credit card with a credit score of 660?

yes


What is the required credit score for a FHA loan?

660 and above credit score is required for FHA loans.


What is the lowest credit score a credit union will accept for a car loan?

660


What is a baseline acceptable credit score?

A FICO (Fair Isaac Company) score of 660 and higher is considered a good credit score. Scoring in the high 700s is better, of course, but a 660 score is the bare minimum for getting reasonable interest rate offers for credit.


Are consolidation loans hard to get with a credit score of 660?

Yes!


How does a 678 credit score rank?

A score of 660 is generally considered the lowest "good" credit score. A 678 is slightly higher, but you'll get better interest rates for your credit with a score in the 700s.


What are the credit score ranges?

it all depends on your debt ratio. some people might have good credit score, 660, and if they owe too much vs their income, it it is difficult to apply for any major loans. average credit score is between 630-660.. anything above is consider good credit score..


How bad is a credit score of 520?

Pretty bad- the average is 660


What is a 584 credit score mean?

560-619 credit score is very risky. So it is not a good score. At first you have to check why you have this type of score. Then you have to increase it. If your score is higher than 660, you will be considered a good credit risk.


What is considered to be bad credit?

The credit score range lies between 300 and 850. A bad credit score may fall between the numbers 300 and 660.


What credit score do you need to have to get a credit card?

The lowest score you can have and get a decent interest rate would probably be in the 660-620 range. There are companies willing to issue a card or loan to almost anyone. The person would,however, pay a premium price in interest and fees.


What applies only to restricted cardholders?

They can upgrade their GTCC by simply requesting their APC to upgrade their account, agree to a new credit score check and have at least a 660 credit score.