credit score 584 good or bad?

It's not good. Unless you have a bankruptcy, you can fix that up in no time.

2007-01-22 19:16:10 · answer #1 · answered by R W 2 · 0⤊ 0⤋

Try to get a credit card. If you can't, get a secured credit card. That is one that has a limit equal to the amount of money you give the credit card company. It is not really a credit card because they are holding your money. But then you could buy stuff that YOU KNOW YOU CAN PAY FOR WHEN THE STATEMENT COMES. Buy only $10 or $15 a month if that is all you are sure you can repay at statement time. After several months of doing this, you will have established a good pattern of payment. Eventually this pattern will look good on your credit record. Contact any creditors that have reported you to the credit bureaus. Try to buy them off. Offer 25 to 50 percent of what you owe for them to mark you as 'paid in full' or 'debt settled' to the credit reporting bureaus. You might be surprised if they accept. They probably average less that 25% in collecting bad debts, so your offer might be attractive. An acquantence of mine lost his house to the bank and they asked him to make an offer on it! They were ready to forgive $40,000 of the principal if he would just continue to make payments and continue to own it! It will take 2 or 3 years and there is no easy way. Just get a credit card and ritually use it every month, but only what you can repay, and you will establish good credit.

2016-03-16 00:28:38 · answer #2 · answered by Anonymous · 0⤊ 0⤋

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RE:
credit score 584 good or bad?

2015-08-16 19:05:17 · answer #3 · answered by Anonymous · 0⤊ 0⤋

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RE :Credit score 584 good or bad?
Follow 6 answers

2017-04-05 23:27:18 · answer #4 · answered by ? 6 · 0⤊ 0⤋

It's fair, you really need to get a score of 680-700

2007-01-22 19:16:01 · answer #5 · answered by Chris P 3 · 0⤊ 0⤋

its not good. 660 is considered the cut off. below that, just about only sub-prime lenders will deal with you. they are the ones who give credit to those who are considered "high risk" its possible to get credit, but you will pay much, much more then the average person. you will also need co-signers to for just about everything.getting affordable rates on insurance will be hard too.

2007-01-22 19:24:41 · answer #6 · answered by Jen 5 · 0⤊ 0⤋

Poor. Anything below 620 is considered poor.

2007-01-22 19:17:52 · answer #7 · answered by Michelle F 3 · 0⤊ 0⤋

Bad.

2007-01-23 01:50:21 · answer #8 · answered by bigguy 4 · 0⤊ 0⤋

thats considered low

2007-01-22 19:19:19 · answer #9 · answered by TheProphet 2 · 0⤊ 0⤋