How big of a loan can I get with a 800 credit score?
How big of a loan can I get with a 800 credit score?
The average mortgage loan amount for consumers with Exceptional credit scores is $208,977. People with FICO® Scores of 800 have an average auto-loan debt of $18,764.
Is 862 a good credit score?
An 862 credit score is excellent. Before you can do anything to increase your 862 credit score, you need to identify what part of it needs to be improved, plain and simple.
What score is considered a good credit score?
A good credit score is usually defined as anything from 660 to 719, based on the standard 300 to 850 scale. A score of 720+ is thought to be excellent, while scores from 620 to 659 are fair.
Is 717 a good credit score?
The higher the number, the better the credit score is. A 717 credit score is not great, but it is good. 717 is a good credit score. Someone with a credit score of 717 will probably be able to get a loan with good interest rates and favorable terms.
How do you get a good credit score?
Always pay on time. Always. Payment history heavily influences your credit score. In fact,it is the most influential factor for FICO and VantageScore.
What exactly is a ‘good’ credit score?
Generally speaking, a good credit score is anything above 700 points. However, if you look across the Internet, you’ll see that everyone has their own opinion. In a way, this makes sense – it reflects the industry. Every single lender has their own criteria when determining an individual’s creditworthiness.
