Topic: Credit Score Chart
Answers to Common Questions
How to Interpret the Poor & Good Chart for a FICO Credit Score
Fair Issac Corporation, commonly known as FICO, is a publicly traded company that manages and monitors the credit scores of North Americans. FICO scores are used by a variety of financial companies to judge the credit-worthiness of an indiv... Read More »
Source: http://www.ehow.com/how_5324967_interpret-chart-fico-credit-score...
What is a Perfect Credit Score?
A perfect credit score is 850. However, you don't need a perfect credit score to achieve the best interest rates available. A score of 720 or higher will provide you with favorable interest rates for whatever financing you apply for. Read More »
Source: http://answers.ask.com/Business/Finance/what_is_a_perfect_credit_...
What is a Good Credit Score?
Today, a person who has a FICO score of 700 or above is considered to have a good credit score. Having a good score is critical to getting approved for a loan such as a mortgage. You can find more information here: http://www.moolanomy.com/... Read More »
Source: http://answers.ask.com/Finance/Business/what_is_a_good_credit_sco...
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Answers to Other Common Questions
A good credit score is an impressive score on your credit report, resulting from prompt payments on credit cards, bills, etc. A good credit score is essential for making purchases with credit, getting loans, or even buying a car. Read More »
Source: http://answers.ask.com/Business/Finance/what_is_good_credit_score
An excellant credit score would be any score over 770, and up to a perfect score of 850. However, any score over 700 will provide you will ample oppurtunities to receive favorable interest rates from most financial lending institutions. Read More »
Source: http://answers.ask.com/Business/Finance/what_is_an_excellent_cred...
Generally, a credit score of 620 or lower is considered a bad credit score. 620-710 is considered mediocre, and anything 720 or above is considered a good credit score. To keep your credit score up, make all payments on time and pay down yo... Read More »
Source: http://answers.ask.com/Business/Finance/what_is_a_bad_credit_scor...
Credit scores are calculated on your outstanding debts and prior payments. It's calculated on the amount of credit you currently have versus the amount you owe on those cards. It's debt ratio. Credit scores take a long time to repair but it... Read More »
Source: http://answers.ask.com/Business/Finance/how_are_credit_scores_cal...
A bad credit score can have a negative effect on many aspects of your financial life. A good credit score can be your ticket to the best interest rates, and the ability to borrow money. Your credit score is between the number 300 and 850. A... Read More »
Source: http://answers.ask.com/Business/Finance/what_are_good_credit_scor...
You credit score can be affected by late payments, as well as payments made on a timely basis. If you job hop, or move frequently, that can affect your credit score, also. Read More »
Source: http://answers.ask.com/Business/Finance/what_are_credit_scores
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