How would the credit score 660 determined?

Answer:

In today's world your credit score plays a major role in determining whether or not you are able to obtain a mortgage loan, auto loan, credit card, etc. etc. with an attractive interest rate.

General institutions use your FICO to determine whether or not they will extend you a credit offer. FICO scores range from 375 to 900. Although lenders set their own guidelines as to what is exceptable, so generally speaking a credit score of 660 or greater indicates a good credit risk. Scores that fall between 620 and 660 is still not bad. If your scores falls below 620 you may have a tough time obtaining a loan.

Take a look at this site to see what the national credit score average is, it also breaks this information down by state.

http://www.nationalscoreindex.com/USScore.aspx

First answer by Gregcherry. Last edit by Gregcherry. Contributor trust: 6 [recommend contributorrecommended]. Question popularity: 5 [recommend question].

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