2007-09-29 04:43:24 · 9 answers · asked by al5354all 1 in Business & Finance ➔ Personal Finance
I would say fair. Above 680 is ok, but above 700 is really what you should shoot for. Do you know what is keeping your credit score down?
The big things you can do is to pay on time and reduces your balances.
2007-10-03 04:38:34 · answer #1 · answered by VATreasures 6 · 0⤊ 0⤋
I wouldn't say that it is good. However, it is about the same as the average credit score in the USA. If that was my credit score I would be trying real hard to get it higher. Here are a few things I would do if that was my score. If I had a credit card then I woud make sure it was payed off every month. If I had several credit cards that I never used then I would close them. I would also try my best to stay current on all accounts that I have. If you or someone you know needs some tips on money management then you should check out this web site. I have never bought anything from them but I do listen to the radio program and he has some really great tips.
2007-09-29 04:56:21 · answer #2 · answered by gettinitdone 2 · 0⤊ 0⤋
Gettinitdone has the right idea, however, your credit score can actually go down if you payoff and close some of your credit cards.
Part of the score is determined by the ratio of debt to available credit.
So the best thing to do is payoff the credit card, then cut it up, but don't close it.
You can also call up the credit card company ask them to raise your credit limits and then NOT use them. I don't recommend this for anyone without self discipline.
2007-09-29 06:09:22 · answer #3 · answered by justhefacts 3 · 0⤊ 0⤋
a credit score is merely an "I love debt" score. the more debt you have, payments, that you make on time, the higher your score can go.
so having a higher score means you can borrow even more money to go deeper in debt.
not exactly a good idea or plan is it?
2007-09-29 04:47:11 · answer #4 · answered by Anonymous · 0⤊ 0⤋
sounds very bad, how long you had this mediocre score. recommend building up credit with a mediocre card and go from there.
2007-09-29 04:47:53 · answer #5 · answered by Anonymous · 0⤊ 0⤋
That isn't too bad. That's C paper.
A=Great
B=Good
C=Average (could use improvement)
D=Yuck
2007-09-29 04:46:13 · answer #6 · answered by joloaz213 3 · 0⤊ 0⤋
I BELIEVE THE MAXIMUM IS 820 SO YOU ARE FAIR
2007-09-29 04:46:39 · answer #7 · answered by Loren S 7 · 0⤊ 0⤋
Please read the educational essays at www.myfico.com to better understand your credit score.
2007-09-29 14:35:25 · answer #8 · answered by Rosella W 1 · 0⤊ 0⤋
it is borderline fair/good
2007-09-29 04:45:26 · answer #9 · answered by Bob D 6 · 0⤊ 0⤋