what's considered a good credit score? (err, i meant good...)

[MeanMeosh]

i just paid 5 bucks to check my credit score online and am wondering what's considered a good credit score? an excellent credit score?

maybe i'll enter the range i got once i get my answers =)

tia

 

[her209]

I think you start at like 500.

 

[boyRacer]

>700 and above is a good thing
<600 is a bad thing

 

[RossMAN]

680+

 

[MeanMeosh]

Originally posted by: RossMAN
680+

nifty! my score's above a 725 =)

this means, when i buy a new car, my credit union will gimme a 3% finance rate =)

 

[Drakkon]

I've got a 750 (or at least around there depending on agency) and still can't get a loan 🙁 I dunno whats up with that...i think its a history more than anything....I've only got 1 CC for a couple years and thats my only "credit" so...maybe thats why...

 

[RossMAN]

Originally posted by: MeanMeosh

Originally posted by: RossMAN
680+

nifty! my score's above a 725 =)

this means, when i buy a new car, my credit union will gimme a 3% finance rate =)

Not necessarily. My credit union does NOT use credit score's in deciding loan decisions which I'm glad for.

My credit score is around 643, knowing this I may have been declined.

Instead they looked at other factors and approved our application.

 

[Freejack2]

From what I hear...
700+ generally gets you the lowest interest rates on a car.
600+ gets you a car just not the best interest rates.
500+ gets you a car if you have a good income and a desperate dealer.
I think the lowest is 350. Probably the number you get assigned if you declare bankruptcy or something like that.

 

[MeanMeosh]

Originally posted by: RossMAN

Originally posted by: MeanMeosh

Originally posted by: RossMAN
680+

nifty! my score's above a 725 =)

this means, when i buy a new car, my credit union will gimme a 3% finance rate =)

Not necessarily. My credit union does NOT use credit score's in deciding loan decisions which I'm glad for.

My credit score is around 643, knowing this I may have been declined.

Instead they looked at other factors and approved our application.

interesting... i've had a credit history for about 2 years now (that's why its high...) consumerinfo.com sez that its a bad thing... ah well, guess i'll have to wait it out and see.

 

[RossMAN]

Yeah just apply and cross your fingers.

What helped my application get approved is my wife's income, she has ZERO debt and good 1.5 years of credit (she's not even a US citizen).

 

[HappyPuppy]

In late 1999 my wife decided she wanted a Dodge Intrepid (don't ask me why, it's what she wanted). I walked into a Dodge dealership, hooked upwith a scumbag salesman and testdrove a couple of used '99's. I picked one I liked and we went inside where I gave them all the blah, blah info. I was waiting around in the showroom while they did their thing. I was BSing with the sales scumbags who were just slightly above being snotty.

The finance manager called a few of the sales scumbags into his office and when they came out they were fawning all over me. They started edging me over towards the Vipers and giving me the high pressure sales pitch. I wasn't interested and finally the original sales scumbag lead me into the inner-sanctum sales cubicle.

He showed mi FICO and it was an 827.

No wonder they tried selling me a $100,000 car when all I wanted was a stinking used Intrepid.

 

[CTrain]

Originally posted by: HappyPuppy
In late 1999 my wife decided she wanted a Dodge Intrepid (don't ask me why, it's what she wanted). I walked into a Dodge dealership, hooked upwith a scumbag salesman and testdrove a couple of used '99's. I picked one I liked and we went inside where I gave them all the blah, blah info. I was waiting around in the showroom while they did their thing. I was BSing with the sales scumbags who were just slightly above being snotty.

The finance manager called a few of the sales scumbags into his office and when they came out they were fawning all over me. They started edging me over towards the Vipers and giving me the high pressure sales pitch. I wasn't interested and finally the original sales scumbag lead me into the inner-sanctum sales cubicle.

He showed mi FICO and it was an 827.

No wonder they tried selling me a $100,000 car when all I wanted was a stinking used Intrepid.

Can you tell me what the sales men were like ??