Well the national average is 675-680 so you are below that but it%26#039;s not a bad score.
What is much more important is what makes up your score.
Credit scores are based on the following;
1. Payment history 35%
2. Time in bureau 15%
3. Types of credit 10%
4. New credit 10%
5. Debt to credit ratio 30%
I look at credit every day and see people with 700 Scores that can not buy a car because there score is made up of the following;
Profile 1.
1-credit card with a $500.00 limit paid 15-times and a couple of student loans.
While this produces a good score it doe%26#039;s not show tha ability of the willingness to actually pay anybody.
What you need is the following;
Profile 2.
3 credit cards with balances below 30% of your credit limit and 2 autos, homes, boats, furniture or personal loans all with good long payment history%26#039;s.
With this type of profile you can get any loan that you will need.
If your credit score is between 636-670, is that good?
Average is 680, so it%26#039;s less then average, but you still can get the mortgage. Good Luck!
If your credit score is between 636-670, is that good?
Depends on how old you are and what is reflected on your credit report. If you%26#039;re 20 years old and have just started building your credit, it%26#039;s really pretty good. If you%26#039;re 40 and it%26#039;s not really great, but not horrible either. Anything above a 700 is good, so you%26#039;re close. Anything below a 600 isn%26#039;t very good and you%26#039;ll probably need a co-signer or have to deal with fairly high interest rates.
If your credit score is between 636-670, is that good?
FICO scores range between 300 and 850. Ratings are as follows:
~ Excellent: Over 750
~ Very Good: 720 or more
~ Acceptable: 660 to 720
~ Uncertain: 620 to 660
~ Risky: less than 620
If your FICO score is on the low side, you%26#039;ll pay a higher interest rate on loans and credit cards. To get the best interest rates, your score should be 720 or above.
If your credit score is between 636-670, is that good?
Hi,
It%26#039;s not bad either. You are just on the margin and it can be repaired easily. Check out http://financeguru.consumerspot.info for some useful info and tips. Good luck!
If your credit score is between 636-670, is that good?
well, that%26#039;s not so bad, but you can improve your credit score up to 850. detail is http://www.mommaknowscredit.com/?id=bent...
If your credit score is between 636-670, is that good?
acceptable - you are better off than most folks
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