678
Date: Thu, 12/02/2010 - 16:16
Is 678 a low or unsatisfactory credit score?
I don't have my mortgage reported, because it has been paid off for 8 years. I read that if you don't have a mortgage reported on your credit report, your credit score is lower than if a mortgage is reported.
Thank you for your answers.
I don't have my mortgage reported, because it has been paid off for 8 years. I read that if you don't have a mortgage reported on your credit report, your credit score is lower than if a mortgage is reported.
Thank you for your answers.
General guidelines are as follows: Less than 600 is bad, and you
General guidelines are as follows:
Less than 600 is bad, and you will have a very hard time getting any kind of loan.
600-640: is not good, you may be able to get credit but you will have very high interest rates.
641-680: is ok. Not the best, but you will be able to get fair interest rates on loans.
681-720: is good. You will be able to get loans with good interest rates.
720 - 800: is very good. You will get low interest rates.
Greater than 800: is excellent and the ideal credit goal. You will get the best possible rates and be able to do pretty much anything you want with your credit.