Credit score of 596 is fair credit or what?

is it good credit or not

It's not great, but it's not bad either. I started at a little lower than that a few months ago and raised it 100 points in just a few minutes a week.

#1) Pull all your reports. Not online, request actual physical copies. They usually contain more than what an online report does. This will give you a start on where you need to go with your reports. Also, keep them. Never toss them. They are proof later on if you need them to refer to if you ever get into a legal situation regarding your credit (lawsuit etc). You can get your first set free on an annual basis at annualcreditreport.com.

#2) Dispute. Dispute anything that is not correct including, balance amounts, lates, etc. If you have only one or two lates, I would call your creditor and see if you can get them removed via goodwill gesture, or send a goodwill letter. You can find some great letters on some of the credit boards like creditnet.com and creditboards.com.

#3.) Collections? If you have any collections on your account or anything that should not be there, send a DV (debt validation) to the creditor asking to prove the debt. If they cannot, they have to remove the debt off of your report by law.

#4.) You have rights - check out http://www.ftc.gov/os/statutes/031224fcr... for more info.

#5.) check out some of the posts on creditnet.com and creditboards.com for assistance.

#6.) If you have no credit, or want a temporary boost - have a family member or really (really, really, really) close friend add you in as an authorized user on their credit cards. Make sure the balances are not high, otherwise this could hurt you more. The higher the available credit, the more your utilization will go down on your report - therefore bumping your score.

#7.) Avoid unnecessary inquiries. Hard pulls can hurt you, so avoid applying for new credit cards unless necessary.

This of course is a shortened version of things you can try. Research info on those links I provided you. You can increase your score spending just a short amount of time per week, sending letters to creditors etc. I increased my score over 100 points in less than 6 months. Depending on your situation, this could take shorter or longer time, but at least you have somewhere to start. Good luck!

You could probably finance the steam off a hot lunch, but you would need a co-signer to finance the sandwich.

no its bad - i'm a loan processor. You will have very bad interest rates on any mortgages you put against your home.

Second the guy who said 800-900 is good is wrong, 850 is the max credit score, 900 is impossible

No, that's a pretty bad score.

Best wishes and God bless.

It's bad.

Top 3 Answerer in Business & Finance. (Vote for me)

No 800 or 900 is good i guess 596 would be considered fair.

It is ok.. not great but ok....

596 is not that good. I think the average credit score is somewhere in the high 600's.

Its ok credit, but you can increase it by getting a loan and paying it of monthly and on time. Get a small loan if in the future you want to buy a house or car, by paying of small loan like $1000 to $2000 can increase your credit score.

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http://www.bestcreditrates.net

its ok....you might want to get your credit report and see what u need to do to improve your score 20-30 points

No,as a matter of fact for financial institutions 596 its a mediocre score

Credit scores range from about 350 to 850 depending on which credit agency, a 596 would be like a c- or a d+, if you want to get your score up quickly pay down your credit card bills, and of course pay everything current. good luck. Anything over 700 is very good by the way.

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