 Should I go for a student credit card or a regular credit card? |
| I am a college student trying to build my credit history. While shopping for credit cards, I notice that banks offer student credit cards for college students. Should I go with the student cards or ... |
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 Debit card using "credit" option? |
I know that when buying stuff at the counter i can use the credit option, then the merchant will place a hold on my fund.
then few days later they will officially deduct the amount.
... |
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 My credit report is 782. Is this good? |
| The site that provided me with the score says that it is equivalent to a "C grade." I am 22, own my own home, and usually pay my bills on time. Is 782 a good score? Considering my age? T... |
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 Credit cards? |
| My husband has a credit score of 525 and we are trying to improve his score. We are paying off all the debt that is on his credit with our tax return and we are looking for a good credit card for ... |
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 Can you pay for something at the store with all the credit card information but no credit card? |
My dad lives in a different state and is going to pay for my prom dress, so he gave me all his credit card information.
I could of course use it to buy a dress online, but that would be ... |
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 Debt collectors? |
| I have got a statement from a debt that is at least 9 years old , I had to quit work because of a disability and now I draw disability ,I have been told I should seek a attorney to see what to do ,... |
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 Credit scores? |
| whats the best way to raise my credit score? and also how does it work? does it matter if i paid off my vehicle and paid off my credit cards??? need some answers!!... |
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 HELP ME PLEASE!!! (dont ignore this question!!!)? |
| ok, i bought an iTunes card, my payment method is none, i entered my code, it worked it says 20$ on the top, everytime i try to buy something, it says please edit your payment info, i dont have a ... |
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 What should I do if a collection agency won't accept my payments? |
| Okay, so my husband has a debt with a collection agency. We want to pay off the debt and when I called I told them we could pay $100 a month. They said that they would not accept this because it ... |
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 I have $11,000 dollars in credit card debt spread over 4 different credit cards.? |
| I have moved to Hong Kong where I will be for at least 5 years. My company pays for my apartment and I will never need a car so credit isn't important to me. I was planning on waiting for my end ... |
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 Is it even worth it to continue paying your credit cards on time if you're in my situation? HELP! |
| Ok, so I have posted several questions in regards to my credit card debt and am still very unsure of what direction to take...I have about $30,000 in CC debt with two companies..Citi & Chase...... |
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| I'm a college student and i want to get a credit card to establish credit. Which one do you suggest i get? |
| Should i get one for college students or just a regular one, if they give it to me. i heard capital one will give them to pratically anyone! and like what apr is toooo HIGH?... |
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 Credit Reports and Scores?? |
| Does anyone know what website is the best to get your FREE credit score and report other than free credit report.com because they are a big scam. I need to check my credit in a bad way, but not have ... |
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 Filed Ch 7 Bankruptcy- How long till I can buy a house a a decent interest rate? |
| My Ch 7 Bankruptcy was discharged in late November 07. how long till my credit is decent enough to purchase a house at a decent interest rate? assuming all bills are paid on time from here on out...??... |
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| What are some good ways to turn around bad credit? I can't afford to pay the bills that I owe right now!? |
| But I was hoping to find some ways of building my credit even though it is already bad. I am hoping to eventually pay the debt that I owe, but what can I do to be helping my credit in the meantime....... |
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See Dee | Is this a decent credit score? |
610. |
 |
 
SPIFIMAN1
|
Considering the average is 692 no a 610 is considered sub-prime. |
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Winter Glory
|
It's okay. Not great, but not the worst either.. |
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sambina2
|
Well is isn't the best. You should try and work on it and make it better. |
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RM
|
Not really. You're going to pay high interest rates for any type of financing you have, loans or credit cards.
I work for a mortgage company and we won't do loans for anyone below 640. The average is about 690 in the USA and 740+ is considered excellent. 680 and above is considered fair, anything below is poor.
Keep working at it, pay your bills on time, use credit wisely, keep balances low. |
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Lee T
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Average, but below par |
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Sarah M
 |
It is a poor score and is below both the average and the median US credit score.
To really understand the credit scoring system and how healthy your own score is, it is actually important to know some other information as well:
1. A FICO score can range from 300 to 850.
2. The national AVERAGE FICO is 678.
3. The MEDIAN American FICO score, however, is higher at 723.
Even middle school math made my eyes glaze over, so if you are anything like me it may help to have a refresher on the difference between "median" and "average" at this point.
"Median" means that half of all credit scores fall below 723 and half of all credit scores fall above 723.
However the "average" score is what you get if you add together every credit score in America, and then divide that total by the number of scores that were added.
Why is the median score of 723 higher than the average score of 678? The reason is because there are more really low scores between 300 and 723, than there are really high scores between 723 and 850. In fact, 60% of scores are between 650 and 799. Of the remaining 40% of scores, more are below 650 than are above 799.
4. Anything below 620 - 650 is considered a poor score. And remember - the lower you score, the higher the interest you are charged, assuming you can get credit in the first place.
5. There is nothing wrong with having a median score of 723. This is a good credit score and lenders will perceive you as unlikely to default and offer you a competitve interest rate.
6. A score of 770 and up is considered excellent and people with these scores get the very best deals. However, the advantage between having a score of 800 versus 700 is minor compared to the difference between having a score of 700 versus 600.
7. At below 550 you would be considered to have damaged credit and be in need of credit repair.
In short, aim to get above the median of 723 instead of the national FICO score average of 678. |
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Stacey I
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No. You want to have at the least a 680.
visit www.pleasefixmycreditscore.com and use ref code 3979 |
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Thats Life
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good enough for an auto loan for 7% or a decent mortgage rate |
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Michelle S
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Yes. |
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