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What does a 640 credit score mean?

Updated: 9/11/2023
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12y ago

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Your credit is fairly good. Well, maybe about average. Credit scores over 620 means that you can get pretty much any loan or credit you want, with okay terms. Credit scores over 720 are gold. You can get the best interest rates.

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12y ago
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Q: What does a 640 credit score mean?
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Related questions

What is a average credit score?

An average score is between 640-679.


Can you get a loan with a 616 credit score?

Most lenders require at least a 640 credit score for a mortgage.


What does your credit score need to be to Get a mortgage through USAA?

640


Is a score of 600 good credit?

No 640 plus is but you are getting close.


Is a 567 credit score good or bad?

A 567 credit score is not terrible but there is room for improvement. For loans a credit score around 620 Ã? 640 is fine, depending on the company.


What does a FICO score of 612 mean?

Your credit score. That's a little under whats considered "good" which would be 640-850. You may need a co-signer.


Can you get a home loan with a 640 credit score and 2 charge offs?

Yes, you can get a mortgage with a 640 credit score and four charge offs. Obviously, the better debt to income ratio, better credit score, and fewer negatives all help in securing the best loan possible for your situation.


Is a credit score of 591 good?

It's bad-640 plus is good.


What is the lowest credit score you can have to really be considered for a commercial bank loan?

As of October 20, 2008, they are going to merge with T.D. BankNorth. A Credit Score of 640 is needed for a "Personal Loan". As of October 20, 2008, they are going to merge with T.D. BankNorth. A Credit Score of 640 is needed for a "Personal Loan".


Is 748 a good credit score?

Excellent. Anything above around 640 is good.


Can you obtain a fha loan with a 632 credit score?

no they want 6 least 640


What is a sub prime credit score and it is 640?

sub prime credit score refers to a credit score which is below the national average. According to a 2011 Experian study, the average score in the USA is 687. So, anything under 687 is considered sub prime.