My credit score is 696 is that good?

My friend says that I have really good credit however on the rating it says fine as in okay.

My credit score is 696 is that good?

Well it%26#039;s above the national average of 675, but it%26#039;s what your credit score is made up of that%26#039;s really important.

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%

As you can see, 1,2%26amp;5 are the most important as far as score goes.

But scores are deceiving, I have seen people with 700 scores that could not get approved for a car loan because their score was made up of 1-credit card with a $500.00 high paid 15-times and a couple of student loans.

You really need a mix of revolving (credit card) accounts and installment (auto/home/personal) loans all with good long pay historys to have not only a good score but a good profile as well.

My credit score is 696 is that good?

Very Good..... anything over 620 is considered %26quot;conforming%26quot; and you should have no issues in obtaining credit.

My credit score is 696 is that good?

696 is good, but you need to push it to at least 720, that%26#039;s the cutoff between receiving good rates vs. superb rates.

My credit score is 696 is that good?

you have very good credit, excellent credit would be 750 or higher. but yes you do have good credit. anythin less than 600 is considered poor.

My credit score is 696 is that good?

yes . hope that is your fico score not vantagescore.

My credit score is 696 is that good?

Thats a really good score...........

My credit score is 696 is that good?

Yes very good... once you reach 720 then your in the excellent credit zone

My credit score is 696 is that good?

696 is a okay score..... here%26#039;s how you can get it up in the high 7%26#039;s guaranteed in 45 days. if you have three credit cards!! use your three credit cards balcane to 50% DON%26#039;T GO OVER 50% OF YOUR CREDIT LIMIT. once the balance is at 50% of the credit limit. pay the minimum for the following month on all three cards or pay very little. let this show on your next credit report. (if your credit limit isn%26#039;t over 50%, this won%26#039;t hurt your score.) trust me.... the following month, pay off the balance in full, including all three credit cards. this will rise your credit score 18 points per card..... trust me. your new score in June 2007 will be 750. your score will be perfect!! I%26#039;m 21 years old with a awesome score of 743. this is an old trick my grand father told me years ago to increase a credit score very high.

My credit score is 696 is that good?

yes u are up there, good job and 850 is the highest

My credit score is 696 is that good?

First skip Premium Loan Sharks. They are running a scam. Get your home loan from a legitimate business, in person. Marty keeps changing nicks, but Yahoo is trying to keep him out.

Your rating is OK. 750-800 is %26quot;really good%26quot;. You should not have trouble with loans, you are in good shape.