What is a good credit score?

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asked Jul 19, 2022 in Credit by serakse (1,110 points)
What is a good credit score?

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answered Jul 24, 2022 by SgtOddball (5,700 points)
edited Jul 24, 2022 by SgtOddball
A good credit score is between 670 to 739 although 600 can also be considered a pretty good credit score.

A credit score of between 670 to 739 is considered to be a good credit score.

Below 680 is considered an average credit score and 300 or less is considered a bad credit score.

Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.

The Visa debit card does not build credit.

Although the Visa Debit card is a good way to use money from your bank account and spend it with a debit card.

The extra debit card does build your credit as you use it.

There's no credit check to get the Extra Debit card and as you use the Extra Debit Card it helps to build your credit so that you can get approved for loans, auto loans, credit cards etc.

Extra is the first debit card that builds credit and earns rewards points just like a credit card.

The Extra card is best if you want to try to rehabilitate your credit score without worrying about adding on to your debt or getting a credit check during the sign up process.

This type of credit card works similarly to a debit card in that you only have access to the money you put into it.

You can also use a secured credit card to help you build credit.

With a secured credit card you put up a deposit for the credit card balance and then the deposit becomes your credit limit.

You then use the secured credit card like a normal credit card and then pay the bills and as you pay back the credit card your credit gets built up.

A great credit score is 800 and up while a good credit score is around 670 to 739.

The higher your credit score the easier it will be to get loans, credit cards, better insurance rates etc.

Although credit score ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.
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answered Oct 29, 2022 by J8bdiber (3,920 points)
Credit scores of 670 to 739 are good credit scores and credit scores of 800 or above are excellent credit scores.
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answered Nov 14, 2022 by Allert (2,720 points)

Hello, the key indicators of a bad credit history are delinquencies and a high credit load. A particularly negative factor is that if the loan was sold to collectors, the borrower was sued or he did not repay the loan at all. In such cases, the bank is likely to refuse a loan. But there are companies that can approve a small loan even if you have a bad credit score. For those who are interested, check out Credit 9 reviews reddit, this is one of the most loyal companies in the field of microcredit.

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