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It is not good! First find out exactly why your score is 555 and try to increase it, I like Phil Turner's course called The Credit Bible for information on increasing your credit score. You probably should apply for a secure credit card in order to build your credit score and you will find tips on this in the course I recommended above. Below is a way of interpreting your credit score. Given the current credit score stats, how does this relate to your own personal score? Generally, if your score is higher than 660, you will be considered a good credit risk. If your score is below 620, then you might have a tougher time getting a loan. The following ratings explain the impact of the different score ranges: * 720-850 - Excellent - This represents the best score range and best financing terms. * 700-719 - Very Good - Qualifies a person for favorable financing. * 675-699 - Average - A score in this range will usually qualify for most loans. * 620-674 - Sub-prime - May still qualify, but will pay higher interest. * 560-619 - Risky - Will have trouble obtaining a loan. * 500-559 - Very Risky - Need to work on improving your rating.
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∙ 16y ago
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What is a bad credit score?
425 is a bad credit score.
Is the credit score of 583 a good score?
583-619 is bad credit score in credit score range
Is 629 a bad credit score?
629 is not a bad credit score, but it is not great either. A credit score of 629 means you have a medium credit risk. You probably won't have trouble getting a loan or a credit card, but you may not get the best interest rates or terms. You should focus on building your credit history and improving your credit score by making on-time payments and keeping your debt levels low.
How bad is a 495 credit score?
i hate my score
Is 577 a bad credit score?
577 is a fairly poor credit score. To have a credit score that is acceptable, you want your score to be between 620-680.
What is a bad credit score?
425 is a bad credit score.
Is 650 a bad credit score?
The credit score 650 is really not that bad. With a 650 credit score you can finance a home or car.
How bad its 520 credit score?
This is a fair credit score.
Is the credit score of 583 a good score?
583-619 is bad credit score in credit score range
What credit score is perfect credit and what score is considered bad credit?
Credit score that is around or more than 700 is considered to be good and score below 500 is considered to be bad. It is always advised to constantly monitor your credit score.
Is 629 a bad credit score?
629 is not a bad credit score, but it is not great either. A credit score of 629 means you have a medium credit risk. You probably won't have trouble getting a loan or a credit card, but you may not get the best interest rates or terms. You should focus on building your credit history and improving your credit score by making on-time payments and keeping your debt levels low.
How bad is a 495 credit score?
i hate my score
Is 577 a bad credit score?
577 is a fairly poor credit score. To have a credit score that is acceptable, you want your score to be between 620-680.
What does a 499 credit score mean?
bad credit
Is a 689 credit score bad?
689 is a real good credit score! Congratulations!
Is 980 a bad score?
a credit sore of 980 does this mean, I have bad credit??
What if you don't have any credit do you still have a credit score?
Yes you can have credit from before that might be a very bad credit score:(
