Just found out my credit scores <brag/>

[TuffGirl]

Originally posted by: mss242
I am 21 and have a 729. how is that?

I believe anything 680 or above is considered A credit at most institutions.

 

[Vic]

Originally posted by: klee58
FYI I'm no punk or youngin. I just checked my report and my oldest open account dates from 1/95. I have closed accounts that date back to 10/92. Plus I work at a mortgage company; I pull credit reports all day myself, so my credit report's definitely legit.🙂

😱 🙂
My apologies then. My remarks were more to some of the others in this thread than to you.

Are you a processor? There's such a shortage of good ones nowadays...

 

[wfbberzerker]

why is it bad to have too many inquiries on your credit?

 

[Vic]

Originally posted by: wfbberzerker
why is it bad to have too many inquiries on your credit?

It's really not as bad as people think. However, having a lot (like, say, more than 15 in a 90 day period) can reduce your score. The biggest reason for this is because lenders may think that (1) you may have recently open undisclosed accounts, or (2) other lenders may have turned you down for a reason that the new lender doesn't yet know about.

 

[TuffGirl]

Originally posted by: Vic

Originally posted by: klee58
FYI I'm no punk or youngin. I just checked my report and my oldest open account dates from 1/95. I have closed accounts that date back to 10/92. Plus I work at a mortgage company; I pull credit reports all day myself, so my credit report's definitely legit.🙂

😱 🙂
My apologies then. My remarks were more to some of the others in this thread than to you.

Are you a processor? There's such a shortage of good ones nowadays...

Heh wow that's actually what I am. I don't have any prior experience in it but working here is better than not working I suppose. I like it a lot so far and do my job well.🙂

 

[isaacmacdonald]

fascinating. *yawn*

 

[CPA]

Wellllll,

I have:

350K mortgage
50K in two car notes
18k in CC debt
and Approx. 200k in available debt

and my credit scores are in the 735 range. If I don't say so myself, that's actually more impressive. 😀😉

 

[boyRacer]

Originally posted by: CPA
Wellllll,

I have:

350K mortgage
50K in two car notes
18k in CC debt
and Approx. 200k in available debt

and my credit scores are in the 735 range. If I don't say so myself, that's actually more impressive. 😀😉

:Q i dont think i could sleep at night...

 

[Ime]

I had a 775 when I bought my 4Runner a couple of weeks ago.

 

[Hayabusa Rider]

So what is the upper limit on a credit score?

 

[Ime]

Originally posted by: Hayabusarider
So what is the upper limit on a credit score?

I think it's 850.

 

[cliftonite]

Mine was 766 when i check 2 months ago 😀

 

[Fritzo]

696...is that good?

 

[MichaelD]

Here ya go, Klee58.

Someone hadda do it.

 

[borgmang]

700 and above is good, but there are other things to consider - i.e. credit history, how much money your looking for, employment, steady income, etc.

GIMME A COOKIE!

And I don't blow to anybody.😉

 

[Mayhem1869]

i'm 23, have ~94500 on mortgage, ~17000 on expedition, ~4000 on s-10, ~3300 on student loan
score is ~730



p.s. credit cards are the devil

 

[alkemyst]

it's not the credit score that's important, it's what's in your wallet 🙂 I do know my scores were insanely high when I got out of school though, but as you start using credit they drop a bit....as long as you have a nice income to show for it, it really doesn't matter what your score is, but rather lack of default/late history.

It's messed up how credit scoring sometimes works, people I know that have alot of potential credit, which they may use 1 card for business expenses, another for home, one for car, etc...makes it easy to track things for taxes but even though the card's balances get paid off monthly once they are used...it does have an impact on the score...some of these people were making almost 1/4 million per year and score lower than people with lates and low income.