good credit?
I was wondering what is considered a good credit score? I checked mine, and it seems pretty high, but I need a personal loan for 3000, so that I can move accross the country... I work as a Student Loan Specialist, answering questions and what not, but we're still not trained on what is considered a "good" credit score... does anyone know the ranges on them? any help would be great, thanks.
Public Comments
- See http://en.wikipedia.org/wiki/Credit_score_%28United_States%29 The article says median is around 723. Highest possible score is 850.
- For most major loans - such as car loans and mortgage loans, 620 is the "get-your-foot-in-the-door" score that will afford you a decent interest rate. Obviously, the higher the better. Good luck!
- i agree with what L-Boogie says. if trying to obtain a personal loan as i have recently done to make a few home repairs, i would have to share with you that my loan officer told me he could only loan me @$2,000.00, my score was at about 640 or so.im assuming that if u have other financial responsibilities try and keep them paid up as best as u can,that in time should help ur score rating.im sure we are not all perfect...good luck !
- you can get most loans if you score is above 700. As long as your debt to income is at acceptable levels.
- Go to 'prosper.com' that is a great place to get a loan. Your considered a good risk at 640 but 680 gets you what you want....
