Credit Corp
MARCH 1, 2023
Lenders break these scores down into five different risk levels: Poor credit score: 300-579 Fair credit score: 580-669 Good credit score: 670-739 Very good credit score: 740-799 Exceptional credit score: 800-850 Lenders consider any score under 600 to be in poor standing, which could significantly impact your ability to secure credit.
Credit Corp
FEBRUARY 3, 2022
That means when lenders go to check your credit to evaluate you for a loan, they can’t see anything about you. Yes No Do you have a current loan of any type in your name, such as a personal loan, car loan, or mortgage? Yes No Have you had a loan in your name in the past 7 years?
Credit Corp
DECEMBER 4, 2023
Several different credit scores exist, but lenders most commonly use the FICO Score, which is a number ranging from 300 to 850. Maintain a Mix of Credit Types Lenders want to see a mix of credit types on your credit report. But don’t take out an installment loan just to raise your credit score. Lower insurance premiums.
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