Is 657 high or low??
2006-09-10 15:40:59 · 9 answers · asked by Anonymous in Business & Finance ➔ Credit
While credit scores actually range from 350 to 850, creditors won't grant credit under 500. As a mortgage loan officer I have never seen anything below 400 and rarely higher than 800. Based on this experience, a 657 score is about average. You should qualify for just about anything you want to do, but may not get quite the best "premier" rates. At the same time, you should not pay "higher" rates.
The best rates typically go to those over 720 in score. Once you get beyond the 720 mark, you rarely find better options. Just keep your revoloving debt balances low, make all your paymnets on time and prevent any future collections. YOu should get into the 700s pretty soon.
Good luck.
2006-09-11 03:34:55 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Try your best to pay off more debts to increase your score.
Dave Ramsey's website is a good source for financial information. He has a live radio talk show where you can call in, plus a forum of other people interested in improving their finances.
http://www.daveramsey.com
2006-09-10 18:04:38 · answer #2 · answered by son-shine 4 · 0⤊ 0⤋
657 seems high...don't get too many credit cards
2006-09-10 15:43:56 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Its average. You want a score in the 700's.
2006-09-10 15:43:47 · answer #4 · answered by nonono12345 3 · 0⤊ 0⤋
Read some credit tips and more on this site to help you with it
2006-09-10 15:43:32 · answer #5 · answered by Anonymous · 0⤊ 0⤋
It's good. Keep workin at getting it higher. To at least 680.
2006-09-10 15:46:31 · answer #6 · answered by sac_baby_girl 3 · 0⤊ 0⤋
it is average... good is above 700...if you don't know how to bargain, sometimes credit score doesn't mean much and the salespeople screw you over anyway!
2006-09-10 15:46:09 · answer #7 · answered by Tulu C 2 · 0⤊ 0⤋
I dont know... But for everyone else... hows is it calculated?
2006-09-10 15:45:16 · answer #8 · answered by wickink 2 · 0⤊ 0⤋
it's fair-to good.
2006-09-10 15:42:52 · answer #9 · answered by Anonymous · 0⤊ 0⤋