Remember YOU Ask!
|
No good answer to that question,maybe you should get a rich guy. |
|
Rest of Your Life Off
|
I really don't think you want to find your lowest. High good low bad.
Maybe take care of some of that debt and don't worry about how low can it go. If you are having some credit problems it is best to take an honest look at your situation,
Dedicate a certain amount of money each month and pick the biggest debt, keep paying monthly until paid off, then pick the next largest and continue to pay off monthly and keep repeating until your debts are paid off. good luck! WOW how long is this question gonna stay open?????? |
|
billy s
|
Your question makes no sense at all. |
|
batwanda
 |
Again, not a complete thought. First, re-read your sentence.
Second, I read credit reports all day. If your highest is a 544, then your lowest isnt really important. The middle is the most important. You have either, charge offs, collections, or lates on this report.
First, to improve your score, begin paying all on time. Every single last item on time.
Once you get that done, then try to negotiate to pay the collections off. If you owe 1K, offer 300 dollars, negotiate from there. Only negotiate when you have money and are ready to pay.
Finally dont open any new accounts and dont close old accounts. Eventually it will get better but the long history of an account open for over 3 years is a good thing. |
|
chill
 |
It would be helpful to have more of your question. A score of 544 is below average for the total US population. There are three credit reporting agencies that calculate a score for each person that have a credit file for. Let's say that you have 544 with Experian then you scores from the other two agencies is probably close since they all use similiar formulas to calculate your credit worthiness. When you go to a car dealer or a bank to get a loan they will run their own reports using a score from all three agencies or just one. You will not know which before they run your credit report. If they use more than one then it will probably be averaged across all that are provided. |
|
Naemesees
|
Its scale runs from 300 to 850. The vast majority of people will have scores between 600 and 800. A score of 720 or higher will get you the most favorable interest rates on a mortgage, according to data from Fair Isaac Corp., a California-based company that developed the first credit score as well as the FICO score.
Your lowest 300. |
|
jenni
|
not so good. |
|
B
 |
your crdit scores should be pretty close so if one is 544 the others are not going to be 100's more or less. you need to visit experian or wherever you received that score and see how you can eliminate duplicate listings to try to increase your score. |
|
captainmooncatcher
|
NOT SURE BUT I THINK IT STARTS AT 500 |
|
Angel
|
I honestly don't understand your question well ie if it is indeed complete. but for any of the following conditions your lowest score should be zero:
1. in a zero sum game, your lowest score should be zero.
2. in a class test (examination), your lowest score should be zero.
3. in bank's credit rating your lowest score should be zero
Can you give details?? |
|
feltfinancial
 |
There are 4 credit reporting agencies but most lenders will look at 3, Experian, Equifax, and TransUnion. Depending on who you are trying to get credit from, they may look at the middle of three scores or the lowest of two scores if the third does not report. If only one score reports then most lenders will not make a loan because you do not have enough credit to report on or your credit is really bad. You can go to services like Lending Tree and pay to pull your own report with scores or you can contact each of the reporting bureaus for a copy of your report, once a year. |
|
Matt gallops
|
You didnt finish the question,I guess were supposed to read your mind. |
|
lynn
|
Well, 544 is pretty low to start with...so if your highest is lower than that- you have a problem...opening any accounts, lets just say- may not be an option for you at this time. |
|
nickolhar
 |
lowest what |
|
whatevit
 |
Credit scores are 600 to 800, at 544 you have very poor credit. I can help turn it around E-mail me. There is money readly available, you just need to know how to access it. |
|
mlnicrok
|
Credit scores run form 330 to 830 from Experian, one of the main credit bureaus. A score of 544 is pretty pathetic. You are considered very high risk. You need to add at least 100 points just to have a half way decent score. You can do this over time buy paying your bills on time. One late payment, collection, or bankruptcy can really mess up the score. Your score changes monthly. there are also many other issues that can affect your score. Go to the Experian web site to find out more. My score this month is 793 which is low for me it's usually over 810. |
|
Noone i
|
its an avg between the highest and the lowest, giving you a middle score less than 544 unless your lowest score was also 544. |
|
tomthepawpaw
|
Well-your lowest is what??????
no matter, your score is so low anyways we don't have to worry about you getting money anyways. |
|
jenay4867
|
u only get one score there is no high or low |
|
dlm1ok
|
If it was me, I'd work on getting some of it removed. Check your reports for errors. If the credit bureaus won't get it off, hire someone to do it for you. I know people that did that and there credit went up by 100 points in 6 months. |
|
lorijkrzyz
|
300-820 is the usual range, although I have never met anyone with a Credit score in the 300 range. The number they look for in mortgages and vehicles is generally 625, the higher the better. You can raise it by settling any debts or disputing things on your credit report that may be inaccurate. try annualcreditreport.com and it doesn't show and an inquirery. when shopping for credit they credit companies use Trimerge which is a copy of all 3 credit reporting agencys where they give 3 scores, the number that is typically used is the middle number or average. Good luck!! |
|
May I help You?
|
Why care about the 0 which is the lowest?
544 will not get you a loan, and
it generally means that you are not paying your bills timely,
and it means that you get charged the higher or highest interest rates,
and it means that you have to pay your bills on time, everytime in order to get a better credit score.
GOD bless. |
|
erok2020
|
huh??? Makes no sense... sorry |
|
bigballa7505
 |
i don't know just wanted the points |
|
animalcrazmomoney
|
ask the tax agency |
|
JackN
|
Not an understandable question. |
|
mickey
|
100 |
|
nj2pa2nc
|
it is kinda low now- but it could be in the 300's |
|
Liliana P
|
THe highest credit score is 650 |
|
Rick
|
No set formula Im aware of....if there is one I'd like to know about it. |
|
Lee P
|
With that score just expect to pay more for everything than those with good credit. Lenders generally look at the middle score.
544 in regards to purchasing a home would get you around 80 to 90% financing.
Oh, and start with the lowest debt and go from there. That way you see results soon and more often. |
|
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
