do you think 680 is a good fico score. how can i raise my credit score?

Question

i have an auto loan original amount financed was 35000. paid the loan down to 24000. i only had the loan for 1 year i want to pay the loan off as soon as possible I always pay more then I have to how would effect my credit score.

Answer 1

its not excellent but its pretty good buddy. keep paying your existing debts on time and perhpas maybe even opening more accounts and making the payments on time.

Answer 2

680 is not a bad score but you are still less than good so your doing the right thing by looking to improve your score!

What I would do first is take a good long hard look at your credit reports and see if there are any errors that would fall into Inaccurate, Misleading, Incorrect and Unverifiable!

My website is all about credit repair and recovery! After I had my ID stolen by someone who didn't believe in getting his own credit rating and declared bankruptcy because at the time, ID theft was a crime that wasn't as prosecutable as it is now!

I still got my credit score up from 486, really poor, to 730, which is much better, in a little over a year, so this is an area I know about!

I uncover all sorts of scams to avoid as well as ways to improve your score and challenge the negatives in your report! you would benefit from the "how credit scoring works" section too! Don't discount services like consumer Credit Counseling Service.

I also have a few links to free and Government services like the FTC.

Answer 3

its a pretty good score..to raise it you should get another credit card and make the payments on a timely basis..

Answer 4

Not bad, about average.