Is 549 a bad credit score? I know it's not good but just how bad is it?

My husband and I are trying to get a loan at a local bank in town. She ran a credit report and said she didn%26#039;t think she could help us but, she said she would have to talk with the president of the bank to see if he will approve it. In the mean time I have a friend who works at the bank and she book loans everyday for people who have credit worse than ours but I can%26#039;t say that to the loan officer. They can do it for the ones they want to do it for. How should I handle this? She had the nerve to tell me not to expect much. (You never say that to a customer). I personally think that she is doing all she can not to give us the loan. I failed to mention that both myself and my husbands credit is bad because we both went through bad divorces. I really need some quick advice on this matter.

Is 549 a bad credit score? I know it%26#039;s not good but just how bad is it?

It is a tad on the low side. I%26#039;d work on trying to improve your credit before trying to get a loan (which, if anyone would approve it would drop down your score even more)

Is 549 a bad credit score? I know it%26#039;s not good but just how bad is it?

You really should try to get your score to a 560, or better. So work on it and you%26#039;ll be headed in the right direction.

Is 549 a bad credit score? I know it%26#039;s not good but just how bad is it?

You can get a loan if you have income and your debt to income ratio is good. What type of loan are you trying to get? Personal loan, car loan or mortgage loan. If it is a Mortgage loan then you would be better off with a Mortgage broker. They are able to place your loan with lenders that will accept your credit score. Also if possible move your account(s) from the bank to a Credit Union if you belong to one or can join one. There should be a list of credit unions in the state you live in from the financial institutions bureau or similar goverment agency in your state. Credit unions have more lenient lending policies for their members. Anything below 720 is considered challenged credit. You can go to annualcreditreports.com and get a copy of your credit from all three bureaus. Make sure everything is accurate if not dispute it to raise your score.

Good Luck

Is 549 a bad credit score? I know it%26#039;s not good but just how bad is it?

More than likely, the people with worse credit that are being approved have some kind of %26quot;compensating factors%26quot; that swing the decision in their favor. That usually includes some kind of down payment, extra money in the bank, long job time, or something like that.

549 is pretty low, most mortgage lenders won%26#039;t touch anybody that is under 500 so you%26#039;re close to the bottom but there are some minor things you can do to raise your credit score to 580 which would allow most mortgage brokers to do a 100%-financed home. Email me if you need any tips.

Help me improve my credit score!!!?

I am looking to purchase my First home, I have some negatives credit on my credit report, I have paid everything off, but it%26#039;s still on my credit report as %26quot;open%26quot;. I have made several attempts to get these things corrected to no Avail... Please help...

Help me improve my credit score!!!?

If you paid your bills on time you wouldnt have to worry about :)

Help me improve my credit score!!!?

It takes a while for accounts to show closed on your credit report. Just call each of your accounts and request for a letter stating that each account is closed and that you have a zero balance. Then when you apply for a mortgage take the documents with you. Thing is having credit available that has a zero balance is not a bad thing. It is actually better than not having any credit at all. Don%26#039;t worry so much about your negatives--everyone makes mistakes, just be credit card/loan savy from now on. If you have a credit card make sure you only use less than 50% of it at any given time unless it is a real emergeny--we%26#039;re talking medical here, regardless of the credit limit. A 5,000 credit limit card with $500 charged to it looks better than a $500.00 credit card with $500.00 charged to it. Easy concept, huh? Also, try not to rely on credit to make your daily living expenses. Start putting away some cash for your closing costs which will be in a few thousand depending on your loan, type of financing etc. Good luck.

Help me improve my credit score!!!?

improve your credit?

pay your bills in full on time every month.... in time your credit will repair itself...

the only thing you can get taken off your credit report is errors.

Help me improve my credit score!!!?

How long ago did you correct the debts? Call the creditor and cancel the accounts. Wait a few months and file an inquiry with the whatever credit report you are viewing.

Help me improve my credit score!!!?

Having a good credit rating, helps a consumer get a loan or credit at better rates and for larger amounts.To know %26quot;How to improve credit rating, credit score%26quot; plz follow link-

http://k7c.info

In regards to credit score is it better to have a "in good standing debt" or lower debt to

After checking my credit reports for my wife and myself, I found an almost maxxed out $5000.00 credit card account on both that actually belongs to my mother. The payments have all been made on time so it shows in good standing but is that less important then having a better debt to income ratio?

In regards to credit score is it better to have a %26quot;in good standing debt%26quot; or lower debt to income ratio?

Its favorable to have a lower debt to income ratio. Future and present creditors reflect on how much debt you have and are you managing it well. Reaching your credit limit or maxing it out shows a weakness and decreases your FICA score.

In regards to credit score is it better to have a %26quot;in good standing debt%26quot; or lower debt to income ratio?

A revolving account with a balance 80% or less of the limit will reflect better than a maxed out credit card. A maxed out card will not reflect negatively on your score, but a card with some available balance will lead to a higher score.

Debt to Income ratio is one of four things that underwriters look at when doing a loan. DTI= (All monthly payments)/(Monthly Income). Higher DTI levels are allowed with higher credit scores. Your income is not reported to credit bureaus so DTI ratio never affects credit score.

In regards to credit score is it better to have a %26quot;in good standing debt%26quot; or lower debt to income ratio?

DTI is key really. although you have made your payments on time and will eventually pay off the card, since it%26#039;s near maxed out it actually is affecting your credit negatively. once your balance on any given card exceeds 50% of the total limit, it sends a red flag to the reporting bureau(s) that you might be in trouble since your balance is increasing. this drops your score incrementally for however long you are over that 50% threshold. maxed out or near maxed out cards do not look good to creditors or whoever is checking your credit. it shows them that you are either getting stretched too thin, or that you mismanage your credit. ideally, you want to have these cards in good standing WITH relatively low balances. this makes whoever is checking your credit assume that you are not a credit monger and that you can manage your funds competantly. so if you can, drop the balance on them to below 50% and you should be fine. keep making on time payments and your score will increase pretty significantly in about 3-5 months.

In regards to credit score is it better to have a %26quot;in good standing debt%26quot; or lower debt to income ratio?

As a mortgage lender, I think you are using %26quot;debt to income%26quot; incorrectly. You probably mean debt to credit limit ratio, which should be kept below 48% of the credit limit (or below 73% as a first step) for best credit score on that account--and this is true of all cards except Cap One and Providian and some MBNA%26#039;s.

you might like www.LearnAboutCredit.com, which is one of my sites

I want a credit score report and was told it would only cost 鎷??

i went to the bank and was i told that i couldn%26#039;t have a new account due to poor credit and was told i could check my credit online for 鎷? and so far i have yet to find out where!!!

I want a credit score report and was told it would only cost 鎷??

Yes, you can. The two main agencies that store your credit file are Experian and Equifax.

Both offer full products, such as allowing you to see your credit score instantly on the internet, analysis of your credit history etc, which are paid for services.

However, under the Data Protection Act, you can see the records that they hold on you, ie your basic credit file, and this costs 鎷?.

The details you want are:

Experian - http://www.experian.co.uk/consumer/order...

Equifax - https://www.econsumer.equifax.co.uk/cons...

Both of these cost 鎷? each and the full details are at the urls above. They are sent to you by post in 7 days, and offer a basic view of your file.

You do it for both companies, as they can hold slightly different details for you, ie a debt or credit payment could be registered with one and not the other.

Its a good idea to check both, to make sure they are correct, as some companies use experian to check your credit history, others use equifax.

In future according to my bank, they are going to be merged into one central store, which makes more sense, but for now they are separate.

As mentioned above, you can get your score instantly if your impatient, but it costs a little more. Theres a company called CheckMyFile as well, who can give you an instant report for 鎷?.95 at http://www.checkmyfile.com/

I want a credit score report and was told it would only cost 鎷??

i have recently checked my own credit rating, if you take a look at www.experian.co.uk you can actually register and look at it online for 30 days for free, they also let you look at your credit score but it costs 鎷?.99, i was shocked when i saw mine!!!! you can instruct them to remove anything you think shouldn%26#039;t be on there too. after 30 days you do have to pay though, its 鎷?.99 per month.

I want a credit score report and was told it would only cost 鎷??

The first answer is the best. Look no further.

However in addition do not be tempted to go to a %26quot;Credit Cleaning company%26quot;. They will rip you off.

Use the C.A.B. They can do the same things for free.

Write to any company that you feel has put unfair or incorrect data on your record, and challenge them about it.

If they ignore you, write again telling them to remove it within seven working days or you will sue for libel. It works, and is surprisingly cheap.

I want a credit score report and was told it would only cost 鎷??

Experian are on line.Good Luck

What helps your credit score more?

Paying off collections, or opening a new line of credit? I have medical bills in collections ... but qualify for a credit card. Obviously both would help the best, but it will take me a while to pay it all off (thousands). Should I focus on paying it off first?

What helps your credit score more?

Get the credit card and use it wisely. Put items on it that you would normally use your debit card for, then pay it off when the bill comes. Keep a small balance on it, as that really helps your credit. Then, put your spare money to the collection accounts. Also, call the collection accounts and see what you could work out. Especially since they are medical related, they should work with you. Good luck!

What helps your credit score more?

Use the new credit card to pay off your collections - that way you do both :)

What helps your credit score more?

Pay on time regularly

What helps your credit score more?

paying off collections indeed.

per

What helps your credit score more?

As far as your credit score is concerned paying off collections would help more than opening a new line of credit. You are correct that both are important, but open collections really hurt your score.

What helps your credit score more?

get a credit card and pay off your collections. Then put the credit card someplace that is REALLY difficult to get to and only use it in an emergency situation until it is payed off that way you can build your credit..

What helps your credit score more?

Obviously you have a hard time handling your money, so getting a credit card would just increase the debt you%26#039;re in! So yes, pay off the debts you already have before you create a situation that will get you in more debt.

What helps your credit score more?

pay everything off first. Then you will be able to get more in loans and have a longer history.

What helps your credit score more?

credit is usually improved by seeing that a person can pay off the debt/credit in a reasonable amount of time and make those payments on time. I wouldn%26#039;t get anymore credit until you have payed what you owe off. I think it shows responsibility to creditors when you pay things and therefor raises your rating.

What helps your credit score more?

New line of credit.....plus you can learn ways to raise your score at http://www.mycreditadvise.com

What helps your credit score more?

definitely paying off debt, opening more credit is a warning sign to legitimate lenders.the more debt you have, the swifter the vultures circle

What helps your credit score more?

Yes focus on paying it off or making arrangements to pay and then keeping those arrangements. A credit report will state if a debit is paid or payment arrangements were made. So, it%26#039;ll just make u look better by u attempting to pay your debits. Good Luck!

What helps your credit score more?

You need to focus on earning more money. If you can pay your bills, then any other money you have should be put to work earning you a good return. Do you own a house? Do you know that $50 dollars a month increase on your mortgage will save you $1,000 to $2,000 in interest. This saving of expenses is the easiest way for a person to turn around their finances.

That Is why I advocate that a person get a property, and refinance it to pay off all their debts. Then prepay the principal with some of their income. The tax results is money in the bank and a good credit rating.

What helps your credit score more?

It really depends upon how old these collection accounts are. If they are a few years old and you are not in a financial situation where you will be applying for any types of loans, then I suggest leaving the bills in collections. Depending upon what state you live in, the statute of limitations limits the time the creditor has to legally sue you for the money. Go to http://www.creditinfocenter.com/rebuild/... to read more info. If they are relatively new, I suggest focusing on paying them off. You could contact the company to request a settlement. However, you have to be careful when doing this. Go to http://www.creditinfocenter.com/debt/set... for additional info. I think opening up a credit card could potentially get you into more trouble.

How to raise my credit score????

I just looked at my credit report and I don%26#039;t like what I saw. I am 23 and I knew that when I was younger (18-20) I was not the most responsible person in the world. I want to buy a house in the next couple of years so I know I need to start trying to repair my credit report. What are good ways to rebuild your credit?

Thanks for your help.

How to raise my credit score????

As all others have stated, keep credit card balances low and avoid closing your credit card accounts. You should have at least four credit cards (2 x store credit and 2 x major) all with low balances. You will also need to create a small installment loan through a bank (%26quot;signature loan%26quot; by name), and ensure that small loan can be paid off in a couple of years. Your credit will improve dramatically with these combinations.

You will need to monitor your debt-to-income ratio (DTI) and ensure that your debt does not exceed 30% of your total income. When you buy a house, credit underwriters will examine the amount of debt you owe, compare it to your income and judge whether or not you are taking on too much at one time. Very important factor for people with good credit (the score is not always the sole benefit).

You mentioned you didn%26#039;t like what you saw on your credit report... good. Identify the inaccuraces on the report and immediately dispute them by contacting all three credit bureaus (Equifax, Transunion, and Experian). During this dispute period, your score will slightly rise. They%26#039;ll have 30 days to respond to your disputes. If they do not respond within 30 days they MUST remove the negative information, by law.

If you are buying a house in a couple of years, do not acquire a car loan for that period until you close on the house. Maintain the amount of credit you will acquire and save your money. You do not necessarily need a down payment to get a decent interest rate on a home in the next couple of years. You%26#039;ll need good credit, low and maintained debt, and money in the bank to show that you are financially solid.

God bless.

How to raise my credit score????

Limit the amount of cards, loans, lines of credit you have.

Keep balances as low as possible.

When you have a balance, pay every month on time.

Stop applying for additional credit.

How to raise my credit score????

If you have credit card debt, clean it up. But don%26#039;t close all of the accounts because you could run into the problem of having too clean of a slate. Ideally you want maybe one or two credit cards that you use, but pay off the balance every month. Do you have any other open accounts? Even medical bill can effect your credit. While you clean up your credit, save your money, as much as possible for your down payment.

How to raise my credit score????

You don%26#039;t need a credit score to get a mortgage. What you DO need is a good down payent, pay your rent ontime (or better yet, early) for the next couple of years, and use a lender that does manual underwriting and doesn%26#039;t rely solely on a FICO score.

How to raise my credit score????

Don%26#039;t allow your credit cards to be any more than 50% of the available balance- in other words, if your limit is $3000, make sure you keep it below $1500. Pay everything religiously. Don%26#039;t apply for any credit at all. If you have outstanding collections, pay them, even if they are old.

Good luck.

How to raise my credit score????

You dont need good credit for a house. What you should do is pay everything on time for a year. Then go through a government program that offer grants for first time home buyers. They also have rent to own options out there. The housing market is a mess. So banks are doing anything to get rid of homes

How to raise my credit score????

I would focus on those negative or open accounts then worry about establishing credit. The last thing you want to do is keep adding inquries on your credit because of your lack of responsiblity a few years ago. And if you thinking about getting a house...besides credit you need to make sure you have long employment and income.

Will asking for a credit report lower my credit score?

and what is a good score?

Will asking for a credit report lower my credit score?

yes it will go down everytime a report is done!!!!!!!!!!!!

Will asking for a credit report lower my credit score?

No. A good score is anything above 800.

Will asking for a credit report lower my credit score?

yeah it will

Will asking for a credit report lower my credit score?

No, I think 650 or so is average.

Will asking for a credit report lower my credit score?

no it will not lower it but be careful most services promise a free report *** where the asterisks mean you actually have to sign up for a pay service adn then cancel it right away

Will asking for a credit report lower my credit score?

No it won%26#039;t lower your score. Your score is only lowered when someone runs a report on you, not when you check it on your own. And a good one is anything above 700 in my experience.

Will asking for a credit report lower my credit score?

When you personally ask for your own score, it will not hurt your rating.

It only hurts when someone else asks for it and you get denied credit or a loan.

Will asking for a credit report lower my credit score?

I have no experience in this matter, but I would assume it won%26#039;t lower your credit score.

Will asking for a credit report lower my credit score?

Yes, any time anyone pulls your credit scores, it decreases your score by a few points...

A good score is anything between 675-800, 800 is the highest you can get...

Will asking for a credit report lower my credit score?

it won%26#039;t lower your score, but its kept on a record, how many times you ask for a report. not that it really matters, don%26#039;t know what a good score is sorry.

cosmic angel

Will asking for a credit report lower my credit score?

No it will not lower your score, but if credit agencies such as mortgage companies, or credit card companies check your credit continuously it will lower your credit score. The average American credit score is between 680-700, but a really good score is above a 750.

Will asking for a credit report lower my credit score?

you are allowed to ask for a credit report once a year, without it hurting your score. or get a copy each time you apply for credit, but each time your credit check is ran that will lower your score unless you are applying for a mortgage. An average score is anything above at least 620, but the best scores are in the 700%26#039;s and up.

Will asking for a credit report lower my credit score?

Viewing your own credit report has NO effect on the score.

A good score starts in the mid-600%26#039;s. Here%26#039;s more info: http://www.thetruthaboutcreditcards.com/...

The official website for a free credit report is https://www.annualcreditreport.com/. You can get a free report from each of the three bureaus once a year. You can check it more often, but only one per bureau, per year is free. Sites like FreeCreditReport.com are just trying to sell you something.

When other people/companies pull your credit, it is called an %26quot;inquiry%26quot;. Your score is dinged a few points per inquiry, because it indicates that you are planning to use more credit.

It doesn%26#039;t look very good to have too many inquiries on your report, so don%26#039;t apply for credit you don%26#039;t need.

A lot of these other answers sound like guesses, so be very careful what you base your decisions on. Your credit is one of your most valuable assets!

Will asking for a credit report lower my credit score?

Yes, each time a credit reference is logged, it lowers your score. Your score can range from abot 300-900. A good credit score can range between 600-650. The average American has a credit score of 678.

Will asking for a credit report lower my credit score?

I%26#039;ve asked professionals this and the answer is not unless you are doing it multiple times (it raises the question..why? to creditors). Personally, my credit score is around 750...I%26#039;m 24 and I own a house and I%26#039;m married and the house is the only debt. I would assume that the average is around 650.

Will asking for a credit report lower my credit score?

YOu are not the only one,I have met this type of problem before.I have good experience here to solve the problem though.http://creditreport.expertsupport.info/t...

Is 638 credit score good enough for a .......?

for a major credit card?

Is 638 credit score good enough for a .......?

Depending on the negatives on your reports, with that score you may be qualified for cards from Orchard Bank, HSBC and possibly Hooters (yes Hooters has a major credit card lol)

Keep in mind that those cards may or may not come with annual fees. (generally from $30 to $75 a year, rarely over $75/year)

After having the card for a year, and keeping it in good standing and no new negatives on your reports, they may waive the annual fee if you request it.

edited to add after seeing your other question:

Dependent on the rest of your credit history and who you have cards with now, Citi may be hard to get with their major credit cards, though you may be able to qualify for their store backed cards.

Is 638 credit score good enough for a .......?

If you can get it up above 680, you%26#039;ll be a lot better off.

720+ = Excellent credit. You should have no problems as most loan programs will be available to you.

680 - 719 = Good credit. You should have few problems depending on what product you seek.

620 - 679 = Lender has to take a closer look at your file but should be able to qualify you for a loan. Some products may not be available.

570 - 619 = Higher risk; you will not be eligible for the best rates and products. Products will be limited.

Below 570 = Very high risk. Products will be limited and other factors will need to be considered.

Is 638 credit score good enough for a .......?

For getting any kind of loan Credit History is much more important than credit score. Often, the lack of credit history is equated with bad credit. You should be aware that lenders will go through your credit report once you apply for loan for buying a house. Therefore you should polish your credit report. Anyway, in order to establish a good credit history and at the same time risen your credit score in a short time do following things:

1) Close all of your credit cards but one. It reflects in your credit report and it is a very good sign. For instance say that you have 5 credit cards with $1000 credit limit for each. Therefore you are responsible for $5000 of possible debt. But when you close 4 of them, now you are only responsible for $1000 of debt which lowers the level of risk of lending money to you.

2) If you have any loan, like car loan or any balance on your credit cards, try to pay more than your monthly payment for 6 months or something. I mean say your monthly due on your car loan is $150, try to pay $250 each month. Lenders can see these trends in your credit report and they see that you閳ユ獧e a responsible borrower.

If you don閳ユ獩 have such loans, I suggest getting a $3000-$4000 loan and paying it off in full in 5-6 months. You might pay $200-$300 of interest but you will save thousands of dollars in your home mortgage and interest rates.

Also checkout http://www.howtoestablishgoodcredit.com/...

There are lots of articles there, related to your question, which you can find useful to boost your credit.

Does your credit score go down if you check your own history??

Like if you look at you credit report once a month thru one of those websites??

Does your credit score go down if you check your own history??

No it does not... IF you order the score directly from a credit reporting agency, or from the Fair Isaac company.

From the Fair Isaac Website:

閳?Many kinds of inquiries aren閳ユ獩 counted at all. The score

does not count it when you order your credit report or

credit score from a credit reporting agency or the

myFICO service. Also, the score does not count

requests a lender has made for your credit report or

score in order to make you a 閳ユ笡re-approved閳?credit

offer, or to review your account with them, even though

you may see these inquiries on your credit report.

Requests that are marked as coming from employers

are not counted either.

Does your credit score go down if you check your own history??

Consumer inquiries do not influence your credt score, nor will a consumer inquiry appear in a report requested by a lender. Also, the best place to check your own credit is at:

www.annualcreditreport.com

Does your credit score go down if you check your own history??

No.....

What FICA Credit Score Number is needed for an Auto Loan?

I am going to buy my wife a new camry in Febrauary. We have a newborn and I want something more dependable and safer. I am going to have about 3 grand to put down and a 2001 Neon that is ours for a trade in. I am looking for a $20,000 auto loan. I have 4 credit cards and all of them are paid off. I make $24,000 a year BUT I do not pay for rent, food, or medical. That equals to $2000 a month DISPOSABLE income.

What FICA Credit Score Number is needed for an Auto Loan?

Auto finance are what I do for a living and auto loans are based on the following factors;

1. LTV (loan to value.

2. Term.

3. Age.

4. Miles.

5. Down payment.

6. Time on job.

7. Time at residence.

8. Monthly income before taxes.

9. Credit score/profile.

10. Total debt to income ratio.

Since you are buying new and have cash and a trade in items 1-5 are not really a issue.

The amount you say you are going to finance is the maximum for your income at 20% payment to income ratio.

If your credit score/profile are good, you should have no problems.

As far as F.I.C.O. scores go to get the best rate you will need to be a 680 or above.

What FICA Credit Score Number is needed for an Auto Loan?

You don%26#039;t need much to get a loan, but the lower your score the higher the interest rate you will pay. It might be worth your while to check out your credit and see if there are one or two things that you can clean up before you apply for the loan. A few points may save you a significant amount over the period of the loan.

What FICA Credit Score Number is needed for an Auto Loan?

Well do you know what your score is? I do know that if you have all of your cards paid off but still open it hurts your score, you need to have a open balance of about 20% of your actual limit to actually help your score, I know it sounds weird but is true. And if you close them it is bad too. If you can sell your car on your own you will probably get much more than trading it in. If you have a score higher than 700 then you should get a great deal.

Is my credit score building up?

I%26#039;ve been paying my phone bill for the past 5 months on time already...so i was wondering if i have credit?

THANKS

Is my credit score building up?

Phone companies do not report to the credit bureaus.

UNless you dont pay of course..

Read this page to understand how credit scores are calculated:

http://www.expert-credit-advice.com/cred...

Then read this page to learn how to build credit: http://www.expert-credit-advice.com/buil...

Credit building takes a long time and much more then paying your phone on time.

I wish that was the only bill I had to pay on time.

Simple life.

Is my credit score building up?

yeah you should have some credit, especially if everything is paid on time

Is my credit score building up?

Well yes, your score should be building up. Keep the payments on time and it will be excellent. Just so you have a better understanding of the credit score, I am giving you the address to an article that explains how it%26#039;s calculated and how you can keep it in good standing. Enjoy!

Will the credit score for Experion, Equifax and transunion Differ?

My score for Experion is 680, should I expect the same with Equifax and TranUnion.

Will the credit score for Experion, Equifax and transunion Differ?

I have been dealing with peoples credit reports for almost 10 years and I have never seen al 3 bureaus the same. I have seen over a 100 point difference so take a look at all of them. I know that mortgage companies will use the mid score and car dealerships will use the highest score.

Will the credit score for Experion, Equifax and transunion Differ?

yes

Will the credit score for Experion, Equifax and transunion Differ?

In some cases they may be off by a slight difference of +/- 1 point.

Will the credit score for Experion, Equifax and transunion Differ?

They will all be different because different companies report to different creditors.

Will the credit score for Experion, Equifax and transunion Differ?

Sometimes they will vary slightly. You should check all three.

Will the credit score for Experion, Equifax and transunion Differ?

They usually differ. Make sure you get copies of all three to make sure the information is correct. When you apply for credit only one of the three is used, so info is reported differently.

Will the credit score for Experion, Equifax and transunion Differ?

You should expect the three agencies to give slightly different scores, but most credit granting organizations will look at only one. Your score, typically a Beacon Score or FICO score uses info gathered from slightly different sources. You can get all three and compare the info on each at freecreditreport.com

Will the credit score for Experion, Equifax and transunion Differ?

You should expect them to be reasonably close, but should check just in case.

Try www.annualcreditreport.com which is the only site I know of where you can get all 3 reports for free once every 12 months.

Will the credit score for Experion, Equifax and transunion Differ?

Yes, and quite often there will be varying reports of each agency/company you have credit with and liens/judgments/bankruptcies. That%26#039;s why it%26#039;s important to check all three and make sure they are recording and reporting good and true data.

Will the credit score for Experion, Equifax and transunion Differ?

http://www.annualcreditreport.com You can find out yourself, for free. All three of my scores were different.

Will the credit score for Experion, Equifax and transunion Differ?

No they are almost never the same. Every one uses a scoring module. Each is different. Also a company may not report to experion but only to equifax. So if it is a bad mark then can pull scores down. I have looked at credit reports for about 10 years and I have seen as much as a 125 point spread in scores. That is why most lenders will use the middle score when grading your credit.

Will the credit score for Experion, Equifax and transunion Differ?

they will all be different. 3 different bureaus 3 different scores. they have different criterias.

Is a credit score of 730 good?

I know the average is supposed to be 678, but is my score considered good, very good, just average?

Is a credit score of 730 good?

According to Fair Isaacsson (the people who control modeling) the median score is 720.

The advertising you see on the internet is to make people feel good about themselves.

Your score is a little above median. Which means you%26#039;re in the best possible category. Yes, credit is worth stressing over. But you%26#039;re already there. So long as you stay where you are, you%26#039;re fine.

Is a credit score of 730 good?

Yeah good.

Is a credit score of 730 good?

better than most but 900 is the best.

Is a credit score of 730 good?

730 is on the good side, although it%26#039;s not excellent. You shouldn%26#039;t have trouble getting mortgages, etc.

Is a credit score of 730 good?

I believe 740 to 800 is considered very good, but you are pretty up there.

Is a credit score of 730 good?

Yes it is very good.

Is a credit score of 730 good?

Above average.

Is a credit score of 730 good?

That%26#039;s very good; the typical range is between 375 and 900. It is calculated from information off your credit report, based on your payment history, amount currently owed, length of credit history, amount of new credit (how many new accounts you%26#039;ve opened) and your overall credit mix (the balance of types of credit that you have had), often using the Fair Isaac %26amp; Co. (FICO) calculation. Average is usually agreed to be around 680, so your is above average. Some ways to improve your credit further:

Pay your bills on time.

Pay down your debt.

Check your credit report and correct any inaccurate items.

Limit how frequently you apply for new credit and how much you charge on existing credit.

Don閳ユ獩 close old accounts 閳?this can shorten the length of your reported credit history.

Is a credit score of 730 good?

credit score of 730 is good. My credit score is higher than your score. If you want your score higher you need to work on it.

Is a credit score of 730 good?

that%26#039;s sounds great!

Is a credit score of 730 good?

Your 730 middle score is considered above average and you should have no problems in attaining financing. Keep your balances low, available credit limit high, and make payments on time - your score will rise. 850 is supposedly the highest score. I have seen 815 before but it is rare. You are doing an awesome job. Keep it up.

Is a credit score of 730 good?

yes, very good

Is a credit score of 730 good?

very good.. and worthy of envy on my part!

Is a credit score of 730 good?

Anything 720 and up is considered Excellent in the mortgage business :)

Is a credit score of 730 good?

yes...

Credit Score Explained

http://www.debt-loan-refinance-mortgage-...

Is a credit score of 730 good?

By loggin into annualcreditreport.com you are able to see your credit score measure on a scale. It will cost you $5.95. I can tell you right now its good.

Waht is credit score and and how dose it work?

also i recently open a t mobile account and when they checked my credit line they said it was aproved and it is %26quot;B%26quot;

Waht is credit score and and how dose it work?

A credit score is something that shows all the times you%26#039;ve borrowed and payed back money to a company. It%26#039;s a way for other companies to find out if you are %26#039;good for the money%26#039;.

As for the %26#039;B%26#039;, it%26#039;s probably a grade they gave you based on A-F. If you%26#039;re young and haven%26#039;t taken out loans or credit cards, you have a good, but not excellent, credit report.

The system is based on a score of 0-850. The higher, the better. Make your score go up by paying off bills on time, and it goes down if you don%26#039;t pay stuff on time.

Also, if t mobile checked your credit report, you can probably get a free copy of it. If not, go to equifax.com. It%26#039;s a credit report site that keeps track of it.

Waht is credit score and and how dose it work?

Your credit score is made up of the following:

1. Payment history 35%

2. Time in bureau 15%

3. New credit 10%

4. Type of credit used 10%

5. Debt to income ratio 30%

If they said you scored a %26quot;B%26quot; your score is around 600.

Waht is credit score and and how dose it work?

Your credit score is a nationally used formula to assist retailers in establishing a customers risk. Matching social security numbers, birthdates, and last names with every finaincial transaction tracks everyones fiscal record. The record is then put to a point system, with high numbers being low risk, and low numbers being low risk.

Waht is credit score and and how dose it work?

A %26quot;B%26quot; is okay.

A Credit score is a way for companies to weigh you as a risk. The higher the score the better risk you are, or the more likely you are to repay the company granting you credit.

It works by taking a look at your past history, the type of credit you have, how you pay, and a few other factors and rates you as a risk.

Waht is credit score and and how dose it work?

The below article will explain everything you need to know:

Help with credit score!?

My husband and I are getting ready to start the process of purchasing our home. I%26#039;m scared that my credit will hurt us. Does anyone have any suggestions on how to fix it? Thanks!

Help with credit score!?

Do you know what your credit score is now? You are entitled to obtain 1 free credit report per yr from the 3 major credit bureaus: Equifax, Experian, and Trans Union. You need to see what is on there first to verify there isn%26#039;t an error on the report. It is good to have accounts such as credit cards with at least a 12 mth history to review. On credit cards try not to charge more than 60-70% of your credit line because this effects your score. Also, for all accounts you have make sure your payments are made on time. If you see an account that is not yours or has an error on it dispute it with all 3 credit bureaus. You need to file a dispute in writing and the credit bureau gets with the creditor and they have 30 days to verify the validity of the reporting if they fail to do so the debt is removed. If you have an old collection on your credit contact the creditor and see if they will make a deal with you to remove the collection from your report in return for the payoff. Get this in writing from them beforehand because if they fail to do this you can send their letter (on company letterhead) to the credit bureau for removal. As far as the other post on here that stated you might just want to apply in your husband%26#039;s name does not make sense because you have not indicated your score or income. Lenders do not discriminate on gender. Without more info, your score could be higher and we do not know what your income is and what your husbands income is. So, ignore that advise. Good luck to you.

Help with credit score!?

Quick fixes are difficult with credit. Credit can be repaired, but it takes time, planning, patience, and relentlessness.

If you have time (1-2 years) open a few credit cards, make payments timely (never, ever, ever be late), pay down your debt, offer to pay debts in return for removing derogs from your credit (Pay for removal), send good will letters to current creditors.

If you%26#039;re buying a house in the immediate future, Is it possible to put the house under his credit only? Lenders tend to take the average (which will be lower than his), or the worst score for the rate to apply.

Help with credit score!?

Go to myfico.com, and sign up for the forum (it is free, and not a scam)

From there, you will find TONS of credit repair advice!

Is a credit score of 520 really bad?

my score is 520 and i want to bring it higher, and want to know how bad that is.

Is a credit score of 520 really bad?

Well, 520 is below the average.

Is a credit score of 520 really bad?

terrible

Is a credit score of 520 really bad?

yes but ill still trade ya

Is a credit score of 520 really bad?

It is pretty bad.

Is a credit score of 520 really bad?

Sorry, but yes it is bad. Mid to high 600s is average.

Is a credit score of 520 really bad?

It is pretty low. I would work on paying your bills on time and not using as much on your credit cards.

Is a credit score of 520 really bad?

Its pretty bad yes :(

Is a credit score of 520 really bad?

I believe its considered poor on the scale...but on the brighter side there is one category below poor...but 2 above that :(

Is a credit score of 520 really bad?

It%26#039;s quite bad. And it%26#039;s important at a young age (if that%26#039;s what you are) to start building your credit score up. It will come into play later in your life.

Is a credit score of 520 really bad?

I guess it%26#039;s better than 420

Is a credit score of 520 really bad?

probably not good enough to get a low interest loan.

Is a credit score of 520 really bad?

It%26#039;s kind of bad. But you want your credit score to be 620 and up.

Is a credit score of 520 really bad?

Thats pretty bad. If you are approved for credit you will either have high interest rates, or will need a large down payment. I suggest getting a credit monitoring service and they will tell you what you can do to improve your score. Also all 3 credit reporting services- Equifax, Trans Union, and Experian- may have different scores. I usually show a higher score on Equifax than on the others. It has to do with which credit reporting service your creditors report to.

Is a credit score of 520 really bad?

Hey dont fret it. I had that score about%26#039;s and now I have one over 750 so it can change in the twinkling of an eye.

People put too much value on credit anyways. I mean it has value but it%26#039;s not good to use credit anyways. Cash is better as to not have payments.

I have very good credit and I just bought a mercedes but I paid cash and its used and I have no payments.

Thats freedom :-)

What is going to happen to you, mark my word, is you%26#039;ll make more money as time goes on and your credit score will rise along with it but its funny how life is now you won%26#039;t need credit lol.

It%26#039;s like Jimmy Walker from good times TV show said %26quot;When you need credit nobody will give it to you because you don%26#039;t have credit. When you have credit you don%26#039;t need it.%26quot;

Such is life.

Also I like Joan Rivers quote she said %26quot;Money isn%26#039;t the key to happiness but if I had enough money I%26#039;d just get a key made!%26quot; This kinda makes my point above.

The site below helped my credit rating a tad

Is a credit score of 520 really bad?

Anything below 600 is very poor. 720 is good above that is considered excellent.

try going to goole to see how your score measures up. I think the average is 650 or something like that.

Is a credit score of 520 really bad?

Yes, but try this to improve it:

First know that the bureau must verify any debt you dispute. If they can not verify it, it must be deleted. They have 30 days to do this.

With 7 years in the credit business, I recommend disputing them all at the same time, as you will likely need to go through several rounds of letters to get what you want done. If something is blatently wrong with your credit report, call the bureau after they write back and refuse to remove it. Go up the food chain until a manager agrees to remove or amend the incorrect info on the spot. Don%26#039;t buy into their speach about re-disputing it - but make sure you have provided the information necessary by mail already to correct the error. It will not help you to insist on something being removed if you have not provided verificaiton on why.

When you mail in the dispute letter, mail in as much information as possible with it. If your verification is a bankruptcy, send in all the pages to your petition and tab the important pages for them to review.

Also mail in a copy of an electric bill and a copy of your ID to avoid any delays. See the FTC web%26#039;s site for your specific rights with collectors and debt reporting:

http://www.ftc.gov/

If your problem is directly with the creditors, write to them ONE time. If they do not remove incorrect information, write to your state%26#039;s attorney general%26#039;s office and the FTC. This will get you the results you seek if you are in the right.

If this is a collection agency problem, write to the same people plus the ACA at www.acainternational.org. Collection agencies are generally slime, so know your rights before you call them. See your rights here:

http://www.ftc.gov/bcp/conline/edcams/cr...

If you have legit items that are bad, dispute them also. If they can not be verified, they must be deleted. It is not your responsibility to prove they are inaccurate, it is the credit bureaus who must demonstrate they are.

Hope this helps!

Is a credit score of 520 really bad?

Yes, 520 is a bad score.

I wrote a couple of articles you should read on determing how bad your score is and what to do it bring it up.

Hope these help.

Is a credit score of 520 really bad?

its bad. horrible. you should shoot yourself in the head.

Is a credit score of 520 really bad?

Horrible!!

Is a credit score of 520 really bad?

that is very bad...anything less than 650 or 625 isnt very good...sorry hun...

Is a credit score of 520 really bad?

A 520 score really equates to probably a 75% chance of default, meaning 3 out of 4 people with that score will end up 90 days behind or worse within the first 12 months of a loan.

So yes, it is really, really bad.

Go to myfico.com and learn about how scores work, what you can do to improve them, etc... Get a copy of your report and dispute anything negative that is inaccurate.

Is a credit score of 520 really bad?

520 is below average, but at 580 you can get a 100% mortgage, so you%26#039;re not that far away. 650 is the next step, that average. Anything above 720 is good.

Is a credit score of 520 really bad?

As a mortgage Broker, I can tell you that it is not the greatest but certainly not the worst either. If you lived in Florida for example I could get you 100% financing on a home with that score. I suggest you look at your report for errors that could be dragging it down, feel free to write back for suggestions on how to raise it

Is a credit score of 520 really bad?

it needs improving;

I have a 720 credit score, but I'm broke as a joke.?

Can anyone please tell me my options here for using my credit to make some money?

I have a 720 credit score, but I%26#039;m broke as a joke.?

Get some new low interest cards and resell the items you buy on ebay for twice to three times what you pay, pay back the credit cards and keep the money you make. You can do this by shopping Ross, Marshalls, Nordstrom Rack, Last Chance etc, only sell brands that are in demand.

It works for me.

I have a 720 credit score, but I%26#039;m broke as a joke.?

Your credit score can%26#039;t help you, unless you some how manage to borrow and make money on top of the interest they charge you...

I have a 720 credit score, but I%26#039;m broke as a joke.?

I don%26#039;t believe that using debt to make money is the smart way to go. If I were in a tight spot with cash the last thing I would want to do is borrow money that I have to pay back.

A better option is to start budgeting the money you do have coming in, as well as cutting back in lifestyle until things even out. You also might need to work extra to bring in some extra income.

Once you do get back on your feet I encourage you to set up some sort of emergency fund (if you don%26#039;t already) that will be able to fund 3-6 months of living expenses. That way, should something happen in the future, you will have a cash reserve you can tap in to without having to use debt.

I have a 720 credit score, but I%26#039;m broke as a joke.?

720 is just below Avg. according to FICO.com

all that number shows is that you have / had debt

but really you credit scores dont show what your money is, but really shows that you have debt.

I have zero scores, but I have huge savings, new cars, and a home. WHY? you ask... because I dont have debt.

I obtained a 15 year FHA mortgage, with Alternate trades ( tradelines that are not reported to the credit Agencies ) such as: power bill, phone bill, Insurance Co., and daycare.

check out dave ramsey site: www.totalmoneymakeover.com

Make your money you have work for you, not the otherway around.

Best regards.

I have a 720 credit score, but I%26#039;m broke as a joke.?

Your credit score can%26#039;t make you money - it%26#039;s just an indicator that you have handled credit well in the past.

I have a 720 credit score, but I%26#039;m broke as a joke.?

With your credit score, you can get a loan from http://www.ineedrates.com to get back on your feet. Just make sure you invest the money wisely. Good luck.

What happens to your credit score when you get married?

Does your score get combined with your spouse%26#039;s? Do they average them out? I haven%26#039;t found anybody who seems to know the answer to this.

What happens to your credit score when you get married?

Nothing happens. Each person is responsible for their own credit.

What can effect your credit score is after your married and the two of you would start to finance things together where you are both responsible for repaying the debt. That%26#039;s when your debts become his debts and vice verse. At that time what ever you financed, such as a car loan for example, the car loan would show up on each of your credit report. In addition, the payment history would reflect as well, so if one of you is late making a payment, you%26#039;re both late.

If you are getting divorced that is when your credit score would be considered %26quot;together%26quot; or combined responsibilities. Both parties would be responsible for all open lines of credit at that point, whether good or bad. It would be up to the lawyers to %26quot;divide the assets%26quot; at that point. Once all financial ties have been broken or arrangements have been established who is responsible for what you would then remove your interest in the debt in writing to whatever financial institution your debt was with.Once your divorce is final and everything has been divided that is when your credit score will once again be your own responsibility.

Hope this makes sense and clears up any confusion you may of had.

What happens to your credit score when you get married?

Who do I get credit from when I get married?

What happens to your credit score when you get married?

I don%26#039;t believe they get combined. There have been some new laws that were passed ths year that will make it more difficult for one spouse%26#039;s score to affect the others. I know this isn%26#039;t exactly what you were looking for, hope it helps some tho.

What happens to your credit score when you get married?

If youre a guy is goes down, if your a girl it goes up.

Is having 5-6 credit cards bad for your credit score?

I heard that having too many credit cards was bad for your credit. If I have 4 Store Credit Cards and 1 Visa Card and am planning to get another FINAL major credit card...is that too much?

Is having 5-6 credit cards bad for your credit score?

Only if you do not manage them well.

The number of credit cards a person has is not important, how they manage them is.

Keep your balances below 30% of your credit limit and pay on time every month and you will be fine.

I had 14-credit cards at one time and my score was over 750. I only have 8 now and it%26#039;s still over 750 because I manage them well.

Is having 5-6 credit cards bad for your credit score?

I%26#039;d say yes, but there are many factors there, such as how long you%26#039;ve had them, their balances, how close they are to their limit, etc... Any inquiries made on your name have negative effects to your credit. I suggest looking into financial counseling to learn to live on your income and not credit.

Is having 5-6 credit cards bad for your credit score?

NO....that%26#039;s not too many, the big thing is to not use more than 30 to 40% of your credit line. If they are all maxed out it would be bad for your credit score, but if you keep them lower than 40% you should be just fine.

Is having 5-6 credit cards bad for your credit score?

If you can pay the bills and keep your house and feed your family, you aren%26#039;t doing badly.

Why get another credit card? As any reasonable person would council you, pay off what you have. THE SECRET is to cut them up once you are done, but do not close the accounts unless they charge yearly fees. IF the fees are high, you are hurting yourself. IF they don%26#039;t charge annual fees, keep them. When you close an account, it is reported, negatively. Your score is helped by open accounts that never show a deliquency.

I%26#039;ve already been this route. Family members work for several credit companies and finance companies.

Is having 5-6 credit cards bad for your credit score?

Yes it is. You really only need 1 or 2.

Is having 5-6 credit cards bad for your credit score?

Definitely!

The reason is that you can very easily run up a huge debt by maxing out your credit on all those cards. The more cards you have, the higher the debt you could run up. Your FICO score is reduced by the number of cards you have if you have more than a small number. Rread this booklet:

http://www.myfico.com/Downloads/Files/my...

My own advice is to have only one major card. It%26#039;s hard enough to avoid running up more than you can pay in one month with one card! Having 2 is too much temptation, and you don%26#039;t need 2!

Take the estimated credit score test at Bankrate.com

Is having 5-6 credit cards bad for your credit score?

Yes it is bad and heres why. Say you make for example 50k a year. So about 4k a month, roughly right. Say you have 5 credit cards. 3 cards have a limit of 5k a piece and 2 have a 4k a piece limit. That%26#039;s an added value of 23k in open credit. Now say that you have car trouble and you need to buy a new car. Conservatively we%26#039;ll just say 20k. The bank is first going to look at how much money you make a year. Then they are going to look at your assets such as value of your house, IRAs, anything of value to see what your net worth is. (In case they need collateral) Once they know how much you are worth, they are going to see how much debt you have, ie. debt/income ratio. So you only have 10k in debt. They average what you%26#039;ll be paying off each month at a minimum, figure you are worth a total of 35k because of your assets, but you already, and heres the catch, you already have 23k in open credit against you. So that means they%26#039;ll loan you about 5k and call it a day. To much debt, to many open accounts, not enough income. In short, you only need two credit cards. Keep the oldest one you have, (for credit history) and then keep either the American express if you have one, or your favorite being second choice. Now you have purchasing power because you have the ability, the past history of solid credit, and the potential for more. Cut three up.. Good luck to you. And close the accounts before you forget about them.

Is having 5-6 credit cards bad for your credit score?

Yes it is. You need 2-3 credit cards maximum.

Is having 5-6 credit cards bad for your credit score?

Get rid of multiple credit cards. Although this might sound difficult, but if you are struggling to repay on time and, juggling with the repayment dates is causing you to default- it%26#039;s time to think. If there is a genuine need to keep multiple credit cards, then try to automate their monthly payments. This will ensure that you don%26#039;t default unwillingly and face the negative consequences. Read more from: http://www.credit-card-gallery.com/artic...

Is having 5-6 credit cards bad for your credit score?

No its not...

Questions about Credit Score?

If someone acts as your co-signer, does your loan show up on their credit report, or is it only noted if the person taking out the loan defaults and the cosigner has to take over payment?

Questions about Credit Score?

If you have a co-signer, the loan is in both of your names. Therefore the account will come up on both credit reports and so will the payment history, which will affect the credit score.

Questions about Credit Score?

yes it will show up on both parties credit report and it will show if it has been defaulted. regardless of who is making the payment it will show up on both reports .

Questions about Credit Score?

If you have a cosigner, the loan will be on both of your credit reports.

You are ultimately responsible for the loan... the finance company is planning on YOU paying the bill, not the first signer. If the first signer is late, they will call YOU (the co-signer).

You should never co-sign on a loan. The finance company does not trust the person to pay them back... neither should you.

Questions about Credit Score?

It is usually reported in both names.

Questions about Credit Score?

A cosigner is responsible for the loan as much as the 1st signer. The loan will show up on the cosigners credit report and any late payments will be reported under his/her name just as it will the 1st signer.

If the 1st signer defaults on the loan the cosigner is responsible for the balance of the loan.

Questions about Credit Score?

The cosigner is no different than the primary borrower. You are agreeing to be responsible for the debt if the other party defaults. It will report to you credit and either be positive (if they pay) or negative (missed payments). If the other person runs away the creditor will come after you for the money.

How can I check my credit score with out affecting the score?

I want to keep an eye on my score in the next few months how do I check my score with out affecting it

How can I check my credit score with out affecting the score?

Your score is effected every time your credit is checked. So there is no way to keep that from happening.

How can I check my credit score with out affecting the score?

You can%26#039;t.

How can I check my credit score with out affecting the score?

you can check your own credit score once a year without affecting it, as protected by federal law

there are websites offering this information (some are shady) or your bank can help (safer)

How can I check my credit score with out affecting the score?

There is only one type of credit inquiry that counts toward your FICO score and that%26#039;s when you apply for a mortgage, auto loan or other credit, you authorize the lender to request a copy of your credit report. Your own credit report requests, credit checks made by businesses to offer you goods or services, or inquiries made by businesses with whom you already have a credit account do not count toward your credit score. I personally go through www.creditmonitoring.citi.com and this allows me to view all three credit report along with my scores. If you decide to stay with the service, I think now its 12.99 they will give you an updated report each month so you know exactly where you are at. Also, a tool I found helpful because I wanted to improve my credit score was there credit analyzer, it has different scenarios that tell you if you are going to improving your score or not if you take certain actions such as paying down debt or closing out credit cards you no longer use. I hope that this works out for you and have a great day.

How can I check my credit score with out affecting the score?

there are two kinds of credit hits ,a soft hit and a hard hit. Credit report companys get a soft hit because of their contracts to provide credit reports from the three major agencys. i check my credit report every 45 days or so and have done so for about two years and it has never affected my score or shown on my report. i use www.creditreport.com and buy the 30.00 dollar one but thats niether here nor there , i think the home page will explain it also. go and check it out, the first report is free i think

How can I check my credit score with out affecting the score?

Most of these answers are making the mistake of effecting your credit REPORT not your credit SCORE.

You can always check your own credit REPORT and that will have no effect on your credit score.

To check your credit SCORE, you will have to pay a fee each time you want to see it, you can get discounts by subscribing to certain products offered by the CRA%26#039;s.

There are 3 different CRA%26#039;s (Experian, TransUnion %26amp; Equifax) and each one has a credit score and almost certainly all 3 will be different scores, hopefully they will all be close

Will my credit score increase after my student loans are shown to be consolidated?

I just consolidated $93,000 in student loans. On my credit report it shows like 8 years of individual loans.

Will my credit score increase after my student loans are shown to be consolidated?

the only thing that matters is whether you pay your minimum amount due on the consolidated loan ON TIME. if you paid the non consolidated loans late, that will still stay on your credit report for a while.

it also looks better if you payer higher than minimum payments, but it does not really help you since school loans are generally very low interest loans.

Will my credit score increase after my student loans are shown to be consolidated?

hi

Will my credit score increase after my student loans are shown to be consolidated?

Your total debt has not changed, why should your score change? Make all your payments on time and you should be fine. Credit scores are designed to show a history of responsible use of credit. Why do so many people think there are shortcuts to improve that history?

Is a credit score of 674 good for a 20 year old college student?

I have 2 credit cards, the one has a balance of $0 and the other has a balance of $900.

Is a credit score of 674 good for a 20 year old college student?

i would think so

Is a credit score of 674 good for a 20 year old college student?

No, even if your not in debt, and you haven%26#039;t had a mortage yet, this means you still have a problem with credit cards.

Is a credit score of 674 good for a 20 year old college student?

it has more to do with you making payments on time than how much you owe, the national average credit score is 692, just keep paying your bills on time and your credit score will continue to improve

Is a credit score of 674 good for a 20 year old college student?

Yeah! That%26#039;s a good score. No worries there. Try not to charge anymore to your credit cards, though. Pay them off. You don%26#039;t want to get into debt and then actually see your score go down.

Is a credit score of 674 good for a 20 year old college student?

Pretty good, but there are a lot of factors that play in. Don%26#039;t get too many credit inquiries, and never max out a card, and you should be ok.

Is a credit score of 674 good for a 20 year old college student?

yes, thats not bad at all. your on your way

Is a credit score of 674 good for a 20 year old college student?

i would say that is very good. mine is only a 680 and i%26#039;m 25, so i would say you are doing well!

Is a credit score of 674 good for a 20 year old college student?

I was told that thats about normal for a 20 year old.

Is a credit score of 674 good for a 20 year old college student?

thats pretty good but keep paying as much as possible don%26#039;t be late and don%26#039;t get too many cards that is the problem too many cc offers for college students

Is a credit score of 674 good for a 20 year old college student?

Pay the card. All in all, a decent score. They know you are 20.

Is a credit score of 674 good for a 20 year old college student?

Its a Great score....but i would charge something on the credit card you have a balance of 0 on....you will lower ur score if your credit card balance is at 0

Is a credit score of 674 good for a 20 year old college student?

That%26#039;s pretty good.

Is a credit score of 674 good for a 20 year old college student?

It is a good score and here is a quick way to get it to 700+

The next time you have $500 available, go to a bank and open a CD with $250. Immediately apply for a $500 line of credit, partially secured by the $250 CD. Your approval should be instant. Activate the card and be sure to pay the balance in full each month.

Do this same process at one other bank with the remaining $250. Your score should go up 30 points within 30 days.

You will be left with a 0 balance line of credit at twice the amount of the CD%26#039;s you have on deposit to boot!

Is a credit score of 674 good for a 20 year old college student?

Yes, it is a good score for a 20 year old college student. Debt to income ratio is also critical whenever u need financing. I%26#039;m going to assume you are not responsible for much financially and that your income is not in the higher end.

Generally, a score above 700 is considered a good score.

850 is the highest. The highest scores range from 720 to 850.

From where you are currently at, it is very easy to lose your favorable position once you begin to take on debts.

Expenses can easily grow from where you are in life. Mortgage, credit cards, student loans, car loans, family expenses(children, spouse, parents, siblings) , medical bills, various insurance payments. Just plain living expenses will add up.

It is also a great position to keep increasing your credit score and history. A 700 is highly reasonable if you maintain your debts well. Even a 740 is highly reasonable. Maintaining a variety of debts wisely is excellent for your history as it can gain favor with creditors.

If you get a decent job after graduation, you can really stretch your credit if you have a score in the high range if you need the financing for whatever reasons. If you choose to do this, do it wisely.

btw, what the previous responder is correct; however, whenever your credit history is going to be examined and scrutinized they will see that you felt that you needed to resort to %26quot;artificial%26quot; means to boost your score. That prob won%26#039;t even matter if everything else in your history checks out fine.

Can your credit score be affected by not paying for an item on Ebay?

I had an extraordinary family emergency and was not able to access a computer after leaving work on a Friday in order to pay (or at the very least explain I would not be able to attend due to the emergency). Now the seller is being really inconsiderate. Can this truly become a problem if taking to court, and reported to the credit agencies?

Can your credit score be affected by not paying for an item on Ebay?

I sure hope not lol :)

Can your credit score be affected by not paying for an item on Ebay?

surely if u can transfer the immediatly over it can be resolved

-not sure about the laws in ur country thou

Can your credit score be affected by not paying for an item on Ebay?

I have been late paying.... but I `ve never heard of anyone taking you to court, usually they have a review board that takes into account your disposition, I think if it happens alot they just don`t allow you to deal with E-Bay anymore.

Can your credit score be affected by not paying for an item on Ebay?

Not if they dont have your social security number. Even if taken to court, it has nothing to do with your credit.

Can your credit score be affected by not paying for an item on Ebay?

Absolutely not! Ebay is not a financial institution, not the lending kind anyway. Not paying for an item will get you 1 strike, and perhaps Negative Feedback from that seller, but that%26#039;s it! I don%26#039;t see a court getting involved in non-payment of an auction. The credit agencies will ignore any such request. Don%26#039;t worry about it, and if you feel the seller has been unreasonable - leave them Negative Feedback, that%26#039;ll probably be more hurtful to them than you....

Can your credit score be affected by not paying for an item on Ebay?

No because you have not been sold anything on credit. The seller has not supplied the item to you because you have not paid.

Therefore you have not been given credit (and had the seller sent it without payment, they would have to be licensed for credit and you have a legal right to see the credit license number [UK only]).

Unless it is credit/lending of money then no. Only financial institutions or those who give credit (such as gas/electric companies) can affect someones credit score.

J

My current credit score is 678, how good is that?

In the last year I have raised my score from under 600 to the current 678.

My current credit score is 678, how good is that?

678 is exactly average. Keep in mind that your actual FICO score is probably a few points lower than the consumer score that you purchase from the credit bureaus. They do not disclose the actual score unless you are a lender.

My current credit score is 678, how good is that?

yeah that is pretty good

My current credit score is 678, how good is that?

Congrats. Now go apply for that loan.

My current credit score is 678, how good is that?

it is a very good score. you now can get pretty much anything you want. anything above 700 is godly

My current credit score is 678, how good is that?

That is on the higher end of average.

My current credit score is 678, how good is that?

its so so, is that your middle score? there are three scores and lenders look at the middle one. a score of 720 would get you an improvement on your loan of 1/8 discount point.

My current credit score is 678, how good is that?

Great job, you%26#039;re on the right track! 678 is %26quot;good%26quot; but not yet to %26quot;excellent%26quot;. Above 700 is wonderful. . . hopefully a few more months of what you%26#039;re doing and you%26#039;ll be there. :-)

My current credit score is 678, how good is that?

very good

My current credit score is 678, how good is that?

It%26#039;s getting better ! Great !

Maybe now you may find a credit card that gives great rewards

My current credit score is 678, how good is that?

Man, How did you do that? Seriosly. Email me.

Can I have your score? I need a house and a new car. LOL ( I am serious too)

Does your credit score follow you when you move to another country?

I am moving from Canada to U.S.A and i was wondering if my not so perfecr credit will follow me down there???

Please help me out i would love to start over :D

Does your credit score follow you when you move to another country?

Credit score is private matter, is not government things. for example VISA is private practice and they%26#039;ll keep tract on you as long as VISA country operate, so does master card and american express.

I hope this would help.

Bad credit is improvable, learn how to make more than you cna spend, then you%26#039;ll be ok and your credit would inprove over soon enough.

Good Luck

Does your credit score follow you when you move to another country?

Thanks for that overly simplistic advice-%26quot;Try not to be poor, and then you will have money.%26quot; Many times a person with bad credit is as much a victim of circumstance as anything else. %26quot;Learning%26quot; how to make more than you spend might not be a solution that fits the case. Report It

Does your credit score follow you when you move to another country?

no, well it is tracked with just your social security #

Does your credit score follow you when you move to another country?

well yes, your credit cards are world wide.

For CREDIT REPAIR, Does Piggy Backing still help the Authorized User's credit score?

%26quot;PIGGY BACKING%26quot; is where a person with great credit adds an Authorized User or Secondary Card Holder to there account to give the credit history of the credit card to the added user. This adds high limit on revolving accounts and adds credit history length of time as well.

For CREDIT REPAIR, Does Piggy Backing still help the Authorized User%26#039;s credit score?

No, the way FICO calculates credit scores was changed back in September so that authorized user accounts were not taken into account as far as score goes.

This was due to the FTC being bombarded by request due to people buying trade lines so they could qualify for mortgages that they normally would not have.

For CREDIT REPAIR, Does Piggy Backing still help the Authorized User%26#039;s credit score?

It might for a little while still but that either has or will be ending because of the abuses of the system by a few people.

For CREDIT REPAIR, Does Piggy Backing still help the Authorized User%26#039;s credit score?

Just recently the bureu%26#039;s have caught on to folks who are doing the %26#039;piggy back%26#039; and now your own account will count on your credit report.

Meaning: if you have bad credit and you are a authorized user on someone%26#039;s account who have good credit, that will NO LONGER improve your credit.

Check out: www.myfico.com and browse through their forums and it will clearly tell you how the piggy backing is stopped.

...it was good while it lasted!

For CREDIT REPAIR, Does Piggy Backing still help the Authorized User%26#039;s credit score?

check out http://www.baltimoresun.com/business/rea...

It in fact has not ended and all above posts are reporting incorrect info. It was a big PR blitz to misinform the public. Think about it, if all 3 bureaus adopted FICO 08, all 3 of your scores would be the same and there would be no need to have 3 bureaus. That is another obstacle to them stopping authorized user accounts and piggybacking. I endorse the seasoned tradeline programs. They can raise your score 100 points in 45 days so you can use your credit. Check out the free evaluation form at www.totaldebtsolutionsllc.com Good luck.

If your credit score is awful, what are the 3 quickest ways to get it up?

Can you get rid of 30 day lates? if not how long do they stay on there. If a company closes your account does that hurt your score? If so is there any way to get them to reopen?

If your credit score is awful, what are the 3 quickest ways to get it up?

It looks like you have a series of questions here, so let me try and answer each one individually:

Can You Get Rid of 30 Day Late Payments?

Yes, but it鈥檚 tricky to do. Late payment notations tend to drop of your credit naturally after 3-5 years, but if you can鈥檛 wait then you need to speak to the creditor that you paid late since they control the information that led to the bad notation. Make sure you鈥檙e in good standing with this creditor for at least 3 months if the account is open; if the account isn鈥檛 open, wait at least 3 months for the closing paperwork to be finalized. At that point in time you can call in to have them remove the negative information and 9 times out of 10 they will be happy to do it 鈥?just make sure to be polite. (86% of customer service agents surveyed responded that they are more likely to help a caller if the caller is patient and polite!) If this doesn鈥檛 work out you may contact the credit bureau directly鈥?they will send you a form to dispute the negative information.

How Long Will Late Payments Stay On Your Credit Report?

As mentioned above, they will fall off naturally after 3-5 years. The reason they stay on so long is to act as an indicator to future creditors that you have had trouble paying bills in the past.

If a Company Closes Your Account, Does that Hurt?

It depends on why the account was closed. If your account was closed for late/non-payment (also known as 鈥渃harged off鈥? then this will do the most damage to your credit as it counts as a loan default. If you closed the account voluntarily then your credit may suffer, but far less than if your account was charged off; the reason for this is because your total credit score is determined by how much credit you have available versus how much of that credit you鈥檝e spent. A smaller total credit limit makes your credit score more susceptible to over usage penalties, so it鈥檚 best to keep some accounts open even if you鈥檙e not using them (just make sure they don鈥檛 have expensive annual fees!)

What are 3 Quick Ways to Raise Your Credit Score?

First let鈥檚 examine what makes up a credit score:

鈥?35% - Payment history

鈥?30% - Total amount owed vs. total credit available

鈥?15% - Length of credit history

鈥?10% - New credit accounts

鈥?10% - Types of credit used

The quickest way to improve your credit score is to improve the areas that are valued the most. With that in mind, the three things you could do would be (1) continuously make on-time payments and settle up past due accounts, (2) pay down your debt as much as possible without closing down account, (3) apply for credit line increases without increasing your spending.

I hope you find this information useful - good luck!

If your credit score is awful, what are the 3 quickest ways to get it up?

Great Answer. I feel I have an idea of what counts for what and I can go forward trying to improve my score. Looks like it will take several years. Report It

If your credit score is awful, what are the 3 quickest ways to get it up?

Hire an attorney is the best way to do this...

If your credit score is awful, what are the 3 quickest ways to get it up?

pay up your balances, or at least pay on time. Do not apply for a new credit card or any other type of finances. Do not let anyone pull your credit. 30 day lates eventually come off, and if your more than 12 months away from them, they won%26#039;t hurt you in financing.

If your credit score is awful, what are the 3 quickest ways to get it up?

Check your credit report and dispute any errors. (Don%26#039;t dispute things that are true, just the real errors.) Start paying the collections which are the most recent since the recent history has more of an effect than the past. Pay items down to less than 30% of the what you owe so that you are using less of your available credit. There are more items, but those would be my top 3 picks.

The 30 day lates stay on there for 7 years, but have less of an effect after 2 years has passed since the late. Yes, a closedd account lowers your average account age which is one of the items calculated into your score. (You want open accounts in good standing.) I don%26#039;t know of a way to reopen the account. If you try, and the item is bad, then you just made the item look more recent than it actually is.

If your credit score is awful, what are the 3 quickest ways to get it up?

I have placed this in the source box. There is a wealth of information there and a great free debt management software program. I bookmarked the site as I return to it often for the advice it offers. I hope this helps you.

If your credit score is awful, what are the 3 quickest ways to get it up?

Bad credit can frustrate your efforts at getting a credit. Hence ensure you keep your credit report clean. If there are any errors in the report, undertake credit repair to clear out any errors. This can be tiring and frustrating, but highly rewarding. Though law recognizes and protects your rights, it is your duty to remove any anomalies in

If your credit score is awful, what are the 3 quickest ways to get it up?

Hey there I%26#039;ve got 10 steps you can use to build your credit score. I raised mine to well over 700 points from 500 using these steps:

# Know and Track Your Credit Score

# Never Miss a Payment, Starting Today

# Never use more than 20% of your Available Credit

# Keep Credit Cards that Have No Annual Fees Open For as Long as Possible

# Extend Your Credit Limit on Cards You Already Have before You Get New Ones

# Get Credit Cards that Have CashBack Rewards to Contribute to your Balance

# Transfer Your Balance to a Credit Card with a Lower Interest Rate and a Higher Available Credit-

# If You Think You Are Going to be FORCED to Pay a Bill Late Ask for an Extension or Payment Plan

# Take out a Small Personal Loan and Repay it Over a Year

# Ask Someone With Good Credit if They will Account Shadow you

Read the full article here, it gives you an overview of credit scores, and the 10 steps in detail on page 2:

http://millionster.com/articles/debt/inc...

Is a credit score of 716 good for a 32 year old guy??

I AM PLANNING ON BUYING A BRAND NEWCAR AND I WAS WONDERING IS THIS SCORE A GOOD ONE .

Is a credit score of 716 good for a 32 year old guy??

Yes a 716 is a very good credit score. Many auto dealers offer their special financing terms to borrowers who have a credit score of 700 or better. You may find a few dealers may require a 720 or 730 or above, but you should be fine with most dealers and most of their %26quot;special%26quot; limited time financing offers.

720+ Excellent

660-719 Very good

620-659 Good

580-619 OK

550-579 below average

500-549 not so good

below 500 very, very bad

Read the link below to find out more on credit and credit scoring.

Is a credit score of 716 good for a 32 year old guy??

Yes. You should be able to get good rates on any loans..

Is a credit score of 716 good for a 32 year old guy??

Yes, thats outstanding

Is a credit score of 716 good for a 32 year old guy??

I think anything over 680 or so is considered credit worthy.

Is a credit score of 716 good for a 32 year old guy??

For sure good enough to get a car... yes.

Is a credit score of 716 good for a 32 year old guy??

Anything above 700 is good.

Is a credit score of 716 good for a 32 year old guy??

yupppppppppp =]]

Is a credit score of 716 good for a 32 year old guy??

It is definately decent and you should be able to get approved for almost any loan. It is not the best of the best or A+ but it definately won%26#039;t hurt you at all. You should be able to get whatever rates are out in your area.

Good luck.

Is a credit score of 716 good for a 32 year old guy??

Yes that is just about considered a Very Good score. I believe 720-760 is Very Good. Above that is Excellent.

I stand corrected. BTW why go new? Save the depreciation and go with something 2 years old.

Is a credit score of 716 good for a 32 year old guy??

Yes , you should get the best rate not only on a car, on a house too. Good Luck!

Is a credit score of 716 good for a 32 year old guy??

That%26#039;s excellent! Normally anything over 650 is consider pretty good.

Is a credit score of 716 good for a 32 year old guy??

It%26#039;s an above-average score - you shouldn%26#039;t have any trouble financing the car based on your score.

Is a credit score of 716 good for a 32 year old guy??

Yep!!! congrats.... keep it up!!!

Is a credit score of 716 good for a 32 year old guy??

Yes, 716 is good enough. You can get a new deal.

But remember when you go to the dealer, don%26#039;t show your driver%26#039;s license often. Because when they run your score one time, your score will minus 10.

Would a credit score of 567 qualify for any type of mortgage?

basically this is a selfish question, because a friend of mine is moving out of state, and he wants to buy a home, and basically I dont want him to leave

:(

but on the other hand, if he does leave i do want to help him and be successful in getting his own home. He has no open lines of credit, everything on his report (almost everything) is a charge off or collection. I am a loan officer but i dont do mortgages. I just want a little info: could he get a mortgage at all? would he have to put money down? would he get a horrible interest rate? does his chances vary from state to state? any and all information would be helpful. Thanks!

Would a credit score of 567 qualify for any type of mortgage?

You usually need at least a 580 to qualify for 100% financing, but with no open trade lines the score will have to be higher. If he has money to put down, though, he can get some type of financing. And yes, he will have a horrible interest rate. Best to get an ARM so he can refi later.

Would a credit score of 567 qualify for any type of mortgage?

There are many factors.

Simply by the credit score, I would say the chances are very slim.

He would be in the bottom 15% of credit scores, this does not sound like a good candidate to me. Of course there are other factors such as down payment.

Would a credit score of 567 qualify for any type of mortgage?

Depending on what%26#039;s on the credit report, I would advise you to get a %26quot;Rapid Repair%26quot; to boost your score up 20points to get a No Money Down loan. But if you have 10% to put down then go forward. Rates are still resonable now.

Would a credit score of 567 qualify for any type of mortgage?

He%26#039;d probably qualify for some kind of sub-prime mortgage loan. He may have to put 10-20% down for a sub-prime lender, although a few may go down to 5% down payment and show more money in the bank.

His interest rate would definitely be on the high end, but rates are pretty low right now. Depending on the loan to value ratio (LTV), he may be able to get a hard money loan, because they generally do not base their lending decisions on credit. Their decision to loan money depends on having a large amount of equity in the property (65-70% max, in general), and the value (varies by lender and state).

Hope that helps.

ForeclosureFish

http://www.foreclosurefish.com/

Would a credit score of 567 qualify for any type of mortgage?

Yes! But it would require money down. For no money down, the score needs to be 580 or higher.

Try this to improve the credit score:

First know that the bureau must verify any debt you dispute. If they can not verify it, it must be deleted. They have 30 days to do this.

With years in the credit business, I recommend disputing them all at the same time, as you will likely need to go through several rounds of letters to get what you want done. If something is blatently wrong with your credit report, call the bureau after they write back and refuse to remove it. Go up the food chain until a manager agrees to remove or amend the incorrect info on the spot. Don%26#039;t buy into their speach about re-disputing it - but make sure you have provided the information necessary by mail already to correct the error. It will not help you to insist on something being removed if you have not provided verificaiton on why.

When you mail in the dispute letter, mail in as much information as possible with it. If your verification is a bankruptcy, send in all the pages to your petition and tab the important pages for them to review.

Also mail in a copy of an electric bill and a copy of your ID to avoid any delays. See the FTC web%26#039;s site for your specific rights with collectors and debt reporting:

http://www.ftc.gov/

If your problem is directly with the creditors, write to them ONE time. If they do not remove incorrect information, write to your state%26#039;s attorney general%26#039;s office and the FTC. This will get you the results you seek if you are in the right.

If this is a collection agency problem, write to the same people plus the ACA at www.acainternational.org. Collection agencies are generally slime, so know your rights before you call them. See your rights here:

http://www.ftc.gov/bcp/conline/edcams/cr...

If you have legit items that are bad, dispute them also. If they can not be verified, they must be deleted. It is not your responsibility to prove they are inaccurate, it is the credit bureaus who must demonstrate they are.

Hope this helps!

Would a credit score of 567 qualify for any type of mortgage?

could he get a mortgage at all? YES

would he have to put money down? YES -lots

would he get a horrible interest rate? YES

does his chances vary from state to state? NO, JUST THE RATES WOULD VARY!