2006-07-27 08:45:16 · 0 answers · asked by Dreamblue2000 1 in Business & Finance ➔ Credit
This is good but not great. Good is 660-749, excellent is 750-850. I'd give you a B.
But understand that lenders vary and there is no standard definition of what is a "'good" score.
It might be helpful to know that with a score of 700, you are higher than 40% of the population, and with a score of 750, you're higher than 60% of the population. 725 is smack dab in the middle at 50%.
Also the highest distribution of scores, 27%, is in the 750-799 range. 700-749 is the next highest, 18%.
However according to myFICO all scorers 720-850 are lumped into the same lowest interest rate category for 30 year fixed mortgages.
2006-07-27 11:22:48 · answer #1 · answered by ? 4 · 2⤊ 1⤋
Is 725 A Good Credit Score
2016-12-11 14:07:03 · answer #2 · answered by ? 4 · 0⤊ 0⤋
I wish you could, but you can't unless Ed Mc Mahon comes to your door. You can, however invest it into a 12% intrest-bearing mutual fund (which is easy to find) and earn about $28,062.52 in that time. That's more than double your money. Imagine what a mere 100 bucks to that every monthwould do. Of course when I've been on hard times and short on cash, selling all of my crap and getting a second job always worked for me. By the way, don't believe the hype. You're credit score doesn't mean crap when it comes to building wealth. It just reflects that you have borrowed a lot of money and paid a lot of interest. (Am I right?)
2016-03-14 11:11:13 · answer #3 · answered by Anonymous · 0⤊ 0⤋
mine was almost that score....just got a house with an awesome interest rate. It really depends on the credit company though. Some (like CBC) in the end (add) points to make it better. I would give you a B.... For BETTER than most!
2006-07-27 09:16:55 · answer #4 · answered by Anonymous · 1⤊ 0⤋
That is very good, you would most likely qualify for an interest of 8% or below.
2006-07-27 10:13:37 · answer #5 · answered by Crazy girl 2 · 1⤊ 0⤋
A, anything in the 700's
2006-07-27 08:48:08 · answer #6 · answered by Anonymous · 1⤊ 0⤋
You would have 'A' credit.
2006-07-27 09:41:14 · answer #7 · answered by Anonymous · 2⤊ 0⤋
Grade? I'm not too sure what you are asking.
2006-07-27 08:48:38 · answer #8 · answered by Nientech 3 · 0⤊ 0⤋
This is a good question, and one that has been the source of confusion for me for a very long time.
2016-08-23 02:57:37 · answer #9 · answered by Anonymous · 0⤊ 0⤋
That would be a B. Seriously my hubby has the same one. and we just got our credit ran for a house.♥
2006-07-27 08:48:49 · answer #10 · answered by ♥USMCwife♥ 5 · 0⤊ 0⤋