2006-12-08 10:17:29 · 11 answers · asked by gift 1 in Business & Finance ➔ Credit
Are you sure that is your true credit score. Some of these online companies inflate your score and do not look at everything. Your score can be totally different. It could also have to do with Debt to income ratios. If you have a great score, but do not make a lot of money you are still a risk.
2006-12-08 10:20:37 · answer #1 · answered by Jessica 2 · 0⤊ 0⤋
Are you suprised that you CAN get a loan? A score of 745 is very good. With that kind of score you should be able to borrow money from about anybody.
2006-12-08 10:26:48 · answer #2 · answered by Paul 2 · 0⤊ 0⤋
I don't get the question. Did you mean you CAN'T get a loan without a co-signer? If you meant can't then it depends on how old you are and if you have made any major purchases in the past. If you've never made a car, home, apartment purchase then you Will still need a co-signer until you get some established purchases and keep your credit score up like it is now. I hope I answered this correctly for you.
2006-12-08 10:24:38 · answer #3 · answered by double D 2 · 0⤊ 0⤋
That sounds weird. Anything above 720 is considered excellent. If you are being denied, they should give you a reason. You should be able to call the Credit Bureaus and get the reason why. When was the last time you checked your score? If it has been several months, your score would have changed. A credit score is just a snapshot of your credit report at that instance in time.
2006-12-08 10:21:44 · answer #4 · answered by David W 3 · 0⤊ 0⤋
get a copy for all 3 credit reports with scores. you can normally get one free,( by law, if your state qualifies,) a year at www.annualcreditreport.com. There might be something funky that needs to be resolved on one of your reports. Or what you want still might be out of your range financially, even though your credit score can handle it. You might have a good score, but say you don't make enough money to pay for what you want, no one will care about your credit if you don't have to cash to pay them. Hope it helps. People that drive Lexus' drive them for a reason. They can afford to.
2006-12-09 13:53:56 · answer #5 · answered by a_nurse2b 2 · 0⤊ 0⤋
A 745 is considered great. You are credit trustworthy so you won't need a co-signer.
2006-12-08 11:17:49 · answer #6 · answered by Mariposa 7 · 0⤊ 0⤋
Like the previous person said. What kind of loan??? house?? if your making $2, 000 a month and trying to buy a house and the mortgage payment is $1,800, they won't give you a loan because they think you won't be able to pay the loan off...
2006-12-08 10:45:51 · answer #7 · answered by chowika 3 · 0⤊ 0⤋
750 is considered the next level for many creditors...the "super-good" group. If you are looking for a loan it's to your advantage to find that extra 5 points! Can save you a huge amount of money from interest.
2006-12-08 10:53:32 · answer #8 · answered by Anonymous · 0⤊ 0⤋
What kind of Loan??? Car loan, Business Loan, Investments...what?
2006-12-08 10:22:42 · answer #9 · answered by Anonymous · 0⤊ 0⤋
ummm...because 745 is a pretty decent credit score?
2006-12-08 10:20:27 · answer #10 · answered by michael.avery 3 · 0⤊ 1⤋