what does good credit score, but low credit mean?

i am trying to get a mobile home financed, and the people i tryed to financee it said that i had a good credit score, but low credit, does anybody know what that means exactly?

Public Comments

1. it all comes into play when u trying to buy a house..
2. Probably means you haven;t had enough credit activity under your name. Having one financial obligation and paying that off well doesnt mean you can manage many well. Or if you've a decent amount of credit activity it could mean that the way they factor it you may not be able to fullfill all your obligations [creditwise] if you tackle on a home.....
3. that you might not have enough history
4. it determines where you stand in the USA that is life here is America
5. It means you do not have enough revolving credit on your credit reports. For example, an auto loan, an unsecured credit card, a mortgage...etc. Not bad credit is just that, not bad, but you don't have enough GOOD credit. Trying to get a car? I ran into the same problem :/
6. They mean that your score is GOOD but its not good enough for them to finance with...Try another company cuz each company is different.
7. means you have good credit just not much (you haven't used much credit).
8. Actually it could mean that you don't have enough credit. Meaning, you don't have any high lines of credit, like a car, or a high limit credit card. Alot of times people judge you by how much unused credit you have. For example... I have a mortgage that is nearly paid off An open credit card with no balance with a $10,000 limit A Best Buy card with no limit with a $3,000 limit So I have alot of unused credit.
9. that means you are in good standing credit meaning you dont have any late payments on credits or few but low credit means you dont have enough credit to get a loan or note. usually means you havet bought enough stuff with credit or had any credit cards or used much credit in the past remember bad credit is better than no credit at least thats what they say.
10. Usually they are referring to the fact that you are making your payments as agreed but you do not have a very long history file so all they can rate you on is the short term. It could also be that you don't have many accounts. You could have a 5 year credit history but only one or two accounts. Both the length of time of your history and the number of accounts (active/inactive) is small so this is what is meant by low credit
11. When financing big ticket things, autos, homes, the amount is a big part, low credit is not having these type things on your credit record-do you have only a couple of credit cards with low credit lines? Afraid your probably going to require a co-signer on a mobile home.
12. Your credit hasnt been built up enough over the years. Means you either havent had credit that long or havent used credit much. Usually your credit score is good if you make payments on time and you dont have lots of lines at one time.