My credit score is 638. Is that good?

Answer 1

It's considered in the fair-to-good range. It's not, like, excellent, and it won't get you the very best rates on mortgages, car payments, etc. but it is better than the average, which is 620. For credit to be considered "excellent," it has to be about 700 or above.

Answer 2

One suggestion could be to diminish your balances such that the ratio of entire debt to entire credit decrease is under 25%. So, if the balances on your 2 enjoying cards are $a million,000 and the blended credit decrease is $a million,500 - that's a ratio of sixty seven%. for example, Paying off $seven hundred and averting destiny costs will decrease your ratio and enhance your score. length of credit history additionally counts so as long as you save debts open and in reliable status, which will factor in as nicely.

Answer 3

Hello Brandi ,

I wish if i can post the site here but i cant this site provides

you free credit report and tells you what is the good range

to keep it , to go to the site open google and type this

phrase as it is :

why are my credit scores different from banks

and hit enter now in the search results the number four a

site called Only Best Deals go for it but please note if you

didnt find exactly what you looking for simply use the top

search box which must lead you directly to your answer

believe me you will not lose any thing ,

Good Luck

Answer 4

It depends on what you are going to do.
Applying for a credit card, it's an ok score.

Apply for a car loan. Not good. You need atleast 700. Otherwise interest rate will be high.

Home loan....not at all a good score.

Answer 5

I often end up posting the same thing on other sites

Answer 6

Average FICO score is 725.

Answer 7

can someone tell what is the right answer for this question?

Answer 8

I THINK THATS SO SO