Richard asks…Where can I find the scale for credit scores?What does you credit score have be to go from fair credit to good credit? Good credit to excellent credit?Credit-Repair-Guy answers:This is what our mortgage broker told us in "real life" terms
1. Below 500- Truley awful and and almost takes work to get it that low.
2. 500-550. Bad, and normally you will get rejected for loans. Some places will approve you at awful rates unless you have great income.
3. 550-600. Not good, but if
Friday 9 September 2011
Your Questions About Credit Scores Scale
Richard asks…Where can I find the scale for credit scores?What does you credit score have be to go from fair credit to good credit? Good credit to excellent credit?Credit-Repair-Guy answers:This is what our mortgage broker told us in "real life" terms
1. Below 500- Truley awful and and almost takes work to get it that low.
2. 500-550. Bad, and normally you will get rejected for loans. Some places will approve you at awful rates unless you have great income.
3. 550-600. Not good, but if
1. Below 500- Truley awful and and almost takes work to get it that low.
2. 500-550. Bad, and normally you will get rejected for loans. Some places will approve you at awful rates unless you have great income.
3. 550-600. Not good, but if
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