Topic: Good Credit Score
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What is Good Credit Score?
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 »
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What is a Bad Credit Score?
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 »
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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 »
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Good Credit Score
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A good credit score is considered to be about 700 out of 850.
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Answers to Other Common Questions
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/...
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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.
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To raise credit score, the best method is to make all payments promptly and in full. Purchasing a car and making every payment can really help raise a credit score!
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Source: http://answers.ask.com/Business/Finance/how_to_raise_credit_score
The range of FICO credit scores in the United States are between 400 and 800. If you have a score above 750 you are considered to have excellent credit. For those in the 400 range - not so much. The good news is that a low credit score can ...
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To improve credit score, you must pay off all pending debt and make all payments on time. It will go on your report that you are promptly making payments, and your credit score will improve.
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Any credit score that is under 600 is considered to be poor. In order to rebuild your credit you need to work on paying off all of the debts that you owe.
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