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What Is The Credit Score?


AngelMokka Rep Points: 550
Posted on March 23, 2009 at 1:00 pm
And how do you know if you have high or low score? Actually what is high and what is low and which one is better for you? I mean if the score goes high is it good or bad?

sandalwood Rep Points: 2,085
moderator
Posted on March 23, 2009 at 4:58 pm
The bar has been lifted for what is called good. Good was 680 or better. Now it is 720 or better.

buggles Rep Points: 3,680
Posted on March 23, 2009 at 5:32 pm
Your FICO (Fair Issac Corporation) score can be found out by checking into one of the three credit reporting agencies.  All three are listed at the top of the forum on the right hand side. You get a free credit report from each one once per year.  Your credit score is also included in that report.  If you get declined for credit, you will be able to contact the company that the store referred to when searching your credit...for free. Depending on the state where you live, you can purchase additional reports for a fee (the fee varies from state to state) from each of the three companies.  It is a good idea to check your credit at least twice a year.  It will not count against you when you check your own credit.

woolford16 Rep Points: 2,160
Posted on March 28, 2009 at 3:42 pm
its getting harder and harder to get a good score rating, but it also depends on the credit card you are using, good luck in finding your credit score but don't get your hopes up