Whats a good credit score number??

[RossMAN]

Speaking from personal experience.

We ordered the Equifax "3 for 1" with credit score and I was a little disappointed.

So then we ordered MyFico.com's "3 for 1" with credit score and I was blown away at the difference and depth of detail. Also MyFico has coupon codes available, you just gotta know where to look

 

[Attrox]

Originally posted by: MogulMonster

Originally posted by: Vic
478 is a terrible score. Unlendable. A common slang for sub-500 scores in the lending industry is "prison credit", because there is almost always some type of past or present legal action against the consumer on their bureau with that type of score.

For the most part, a "good" score is anything 680 and above. An "excellent" score is anything 720 and above.

LOL! Prison credit...if they do lend to you, they'll rape you in interest and fees.

I finally have gotten my score up to 685, after learning the hard way that you don't need everything when you turn 20. I wish my parents had taught me how to use credit responsibly, because the road back is a b!tch.

Woah.. I just checked today and 685 is exactly my score right now
October 2004 I only had 629 score, that's when I bought my car and started making payment on time and sometime a lot more than the minimum payment.

 

[bernse]

Just checked last week, 796 IIRC. Yay for me.

It said something about balances too high on credit cards, but I owed 0. Go figure. Maybe because I have 3 cards with huge (for me, at least) credit limits?

 

[Vic]

Originally posted by: MogulMonster
LOL! Prison credit...if they do lend to you, they'll rape you in interest and fees.

I finally have gotten my score up to 685, after learning the hard way that you don't need everything when you turn 20. I wish my parents had taught me how to use credit responsibly, because the road back is a b!tch.

Hmm... the way I look at it, if someone lends you money, and you don't pay them back, who's raping who, eh?

 

[Night201]

Originally posted by: aRCeNiTe
Mine is 671, but I am 19 and a college student so I don't think that's terrible

Nope. Once you get more history (having your cards open for 7+ years) you're number will go up. That's why they say not to cancel old cards just to cancel them, because then you lose your history. You want to cancel newer cards if you are going to cancel any.

 

[Night201]

Originally posted by: Wadded Beef
every time you check your fico score yourself your score goes down a bit. god also kills a kitten =p

Not true.

 

[Night201]

<--- 761

 

[shortylickens]

I got mine when I was 24. I had a few cards all with modest debt. (Very small compared to my annual income). Always made the payments on time or early. Always make more than the minimum.
Have never had a house or car loan. I got a score of 745 or so. Pretty good for someone with little experience.

 

[TallBill]

well i have zero credit, so i'm sure my score sucks..

 

[Scarpozzi]

Yeah...720 is considered GOOD.

I had 716 when I applied for my home loan and was able to get 5% interest. If I had those extra 4 points, it would have dropped my rate a little more.

 

[conjur]

Originally posted by: TallBill
well i have zero credit, so i'm sure my score sucks..

Pick up a credit card from Afghanistan. Hmm...do they even have any over there?

 

[Vic]

Originally posted by: Scarpozzi
Yeah...720 is considered GOOD.

I had 716 when I applied for my home loan and was able to get 5% interest. If I had those extra 4 points, it would have dropped my rate a little more.

Very unlikely.

 

[dragonballgtz]

Whats a good credit score number??

Any score better then mine.

 

[BurnItDwn]

Originally posted by: Vic

Originally posted by: Scarpozzi
Yeah...720 is considered GOOD.

I had 716 when I applied for my home loan and was able to get 5% interest. If I had those extra 4 points, it would have dropped my rate a little more.

Very unlikely.

My score was around 750 when I applied for my first home loan (last October). I got 4.25% with no points. (though it's an ARM, and only the Credit Union that deals with the company I work for was able to get me that rate. Also, I do have to pay PMI since this was a 0 down payment loan.)

 

[Miramonti]

4 years ago ----> 605
today ---> 770

Experian gives a possible range of 330-830.

 

[Vic]

Originally posted by: BurnItDwn

Originally posted by: Vic

Originally posted by: Scarpozzi
Yeah...720 is considered GOOD.

I had 716 when I applied for my home loan and was able to get 5% interest. If I had those extra 4 points, it would have dropped my rate a little more.

Very unlikely.

My score was around 750 when I applied for my first home loan (last October). I got 4.25% with no points. (though it's an ARM, and only the Credit Union that deals with the company I work for was able to get me that rate. Also, I do have to pay PMI since this was a 0 down payment loan.)

The difference being that you got an ARM, which are always offered at initially lower rates (or else who would take one?). Also, interest rates change on a daily basis due to market influences. In fact, they're up over 0.375% over the past 2 weeks, and most likely heading higher.
I repeat, it's very unlikely those 4 credit score points cost him anything.