721 is an Excellent credit score and would allow you to get the best interest rate. 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. If you want to learn more about credit scores and how to improve yours: Take a look at Phil Turner's Credit Bible. You should find valuable information on fixing and improving your credit.
FICO score for mortgageDepends on your definition of "good". You can get a mortgage with 686 score. FICO score over 720 will get you the best mortgage rate.
Yes 683 falls into the good range on the FICO score scale. To be in the good range, your score must be between 680 and 740.
A 674 FICO score is considered to be good. The higher the score the better. 700 and above scores are considered the best.
is 718 a good mid fico score
Of course it is! It is my current score.
bad
A high fico score means you could have anywhere from a good credit rating to an excellent credit rating. If you have a high fico score, it means you pay your bills on time with no late or missing payments.
580-679 is considered an average FICO score
would a credit score of 753 be considered a good credit score?
If this is your FICO Score, then NO. FICO scores range from 300-850, the average score in the USA being 687. If your score is 489, it may be time to get proactive and start repairing your credit.
Yes, if that is a FICO score the highest you can have is 850 and 841 might as well be there.
Yes. This score would generally be labled as A or A+. The highest FICO score is 850, so this score is excellent.