Devin's mom
 |
no,
620 and lower is considered poor credit and high risk.
720 and up is good.
over 800 is excellent |
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SPIFIMAN1
|
Reportable credit scores run from 300 to 850 with 675 being the national average.
So to answer your question, no 500 is not a good score actually it's really bad.
You can get approved for a car loan and most likely some credit cards but the interest rates and fees will be excessive.
You need to work on bringing your score up, get a credit card and use it for everyday things like gas and food being careful never to exceed 30% of your credit limit in any given month and pay it in full every month before the due date.
I have done this with 2 credit cards for the last couple of years and have raised my score over 150-points. |
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Mistress
|
It's a lousy credit score. Even lower than mine...wow.
Good luck with that... |
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amaya7
|
nope, sorry |
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Gabi ?
 |
no, it is almost as low as you can go! |
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privacymatters123
|
Credit scores will range from 350-850 with 600 being the average of that. However, a good credit score would be considered anything higher then 650, and an average score will fall between 620-650. Any score below 620 is generally thought to be a bad score.
In answer to your question 500 is not a good score, but if you want to learn a little more about your credit score and your credit reports you should refer to this site: http://credit.privacymatters.com/credit-articles/free-credit-score.aspx, there is a great resource center. |
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Cali-Gal
 |
Oh come on, did you really think that a 500 credit score was going to be a good one. You must have already known that you have terrible credit because of maybe not paying your bills or some other negative situation. |
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beauty s
|
your score is very poor , u need a score in the high 600's |
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Luke D
|
About as good as the beach front property in North Dakota I own. |
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Miss Maple
|
No...its bad. |
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zioncanyon
 |
horrible...500 out of 800 is pathetic |
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Angel
|
well........... what can i say? its pretty bad |
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iceman
|
Its very bad.... |
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frozen339
 |
It's not bad but in order to buy a house and car and get a GOOD interest rate, it needs to be higher. |
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imbrue002
 |
lol, no |
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Luv2Answer
|
No, sorry. It's not. 620 to 650 is average. |
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Maya M
|
HELL NO!!!!!! LMAO! |
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Yayyer!!!
 |
I have never heard of a score that low!!!!
Thats Horrible!!! hahahahahahahaha |
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