Credit score interpretation

posted by askmrcredit on (6 years, 9 months ago)

Above 730: Excellent credit

700 - 729: Good credit

670 - 699: Creditors will want to take a closer look at your file but overall you project an average risk.

585 - 669: You are a higher risk. This means you will not be eligible for the best rates.

Below 584: Poor credit risk. Unless you have something else to offer creditors - like good collateral - you will likely be turned down for most credit/loans.

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