Posted by: Ricky Ingram
A 633 credit score is considered slightly below average and is categorized in the “fair credit score” group. Despite the fact that you are not in the poor score category, there is still so much room for growth, and you should take advantage of it. Think of your score as a stepping stone to bigger...
A 619 credit score is a fair credit score, putting you side by side with the average American. It is not a bad score, but it is also not excellent. When lenders see a 619 FICO score they will most likely not show an unwillingness to work with you, but they will end up giving you higher interest rates....
A 627 credit score is something to work on and improve as it falls into the fair credit score range. Consumers in this category may be regarded as subprime borrowers. They statistically have a higher rate of becoming delinquent than borrowers in higher credit score categories. The impact of poor scores...
A 626 credit score firmly puts you in the fair score category. That’s according to credit score ranges provided by myfico.com, the consumer division of the Fair Isaac Corporation (FICO). You may have heard of FICO scores, but some lenders use scoring models provided by VantageScore. The VantageScore...
Credit scores typically range between the 300s and the 800s depending on your credit history. A 550 credit score is normally deemed below average. It is not considered good credit, nor is it considered poor credit. It will not guarantee that you will be approved for a loan, but it also is not going to...
A 665 credit score falls into the “Fair” score range. It’s neither good nor bad. Creditors label applicants with fair or poor scores as subprime borrowers. The implication is that they are at a higher risk of defaulting on a new loan. At-risk borrowers have limited borrowing options. For instance,...
Most people go through a point in their lives where they need to repair their credit score. There are many tips and tricks to help you increase your credit score by 50 points or even raise it from a lower score. Because a credit score is basically a measurement of how likely you are to pay back loans,...
You’re reviewing your credit report and see that you have a 590 credit score — where should you go from here? You have come to the right place for learning about what your credit score means, and how you can better position yourself towards financial freedom! This article will walk you through what...
They say shoot for the moon, and if you miss, you’ll hopefully land on the stars. It’s the perfect advice to give anyone who wants to pursue an 800 credit score. So, what qualifies as the moon? Well, it’s an 850-credit score, the highest score you can ever achieve and the epitome of credit...
Did you just get an update on your financial standing and find out that you have a 500 credit score? If so, you may be worried about what this means in the grand scheme of your finances, and where you should go from here. The world of credit can be vastly confusing. And, it can also be stressful if you...