2006-06-06 13:28:36 · 18 answers · asked by Michelle B 1 in Business & Finance ➔ Personal Finance
720 is considered good score and above
LC
2006-06-18 14:53:35 · answer #1 · answered by littlebit 5 · 1⤊ 0⤋
A Better Credit Score Can Save You $50,000-$129,000!
Did you know that having a good credit score before you buy a home could save you between $50,000 and $129,000?
Credit Scores Payment After 30 Years
720-800
$655.00
$0.00
601-679
$807.66
$50,128.24
Less than 600
$1,028.21
$128,221.64
In other words, with a credit rating of 651 you would pay $78,093.40 less in interest than a rating of 599 on a 30 year home mortgage.
2006-06-06 20:46:47 · answer #2 · answered by Gray Matter 5 · 0⤊ 0⤋
Good! Tops is in the neighborhood of 830.
You can get this from the three credit bureaus for a fee. You can get a free annual credit report for yourself, but the score is not free.
Do not go to the advertised Free Credit Reports. They charge you for the report, and then, charge you per item to remove any false info on your record. An additional charge for your score.
I was informed that some unscrupulous firms actually give you false info.
These are the three bureaus. On the net.
Trans Union. Equifax. Experian.
2006-06-17 15:56:57 · answer #3 · answered by ed 7 · 0⤊ 0⤋
651 is considered a medium risk to lenders.It is not near the worst score but I would not say it is the best either
2006-06-06 20:33:36 · answer #4 · answered by jlthomas75844 5 · 0⤊ 0⤋
Thats not a bad score at all. I'm a mortgage broker and with that score I could approve you for a mortgage at 100% loan to value with a favorable rate assuming you have a good rental history. Continue to pay your bills on time and watch you score climb even higher.
2006-06-20 13:12:35 · answer #5 · answered by phaze1bj 2 · 0⤊ 0⤋
Low Average. Most car lots want a 640, and to buy a house is usually 625 - 650. I only WISH mine was that high.
2006-06-06 20:33:02 · answer #6 · answered by phoenixbrose 2 · 0⤊ 0⤋
That is a very good score
2006-06-16 16:17:59 · answer #7 · answered by grneyesme44 1 · 0⤊ 0⤋
It's not as good as 652, but just a little better than 650.
2006-06-06 22:32:16 · answer #8 · answered by Anonymous · 0⤊ 0⤋
The average score is 677, so your a little bit below it.
2006-06-16 11:14:40 · answer #9 · answered by Miko 2 · 0⤊ 0⤋
below the national average of 658
2006-06-19 19:39:05 · answer #10 · answered by quizzical 2 · 0⤊ 0⤋