finance
 






 

Question by  notorious (249)

What is a good FICO score?

 
+6

Answer by  AnneB91 (611)

Any FICO score of 700 and up is considered good. However, many lenders, particularly in the present credit crunch, want at least a 740 to qualify for a good interest rate on a loan.

 
+5

Answer by  cmkekbif (778)

Score ratings have changed drastically in the last 2 or 3 years and a good FICO Credit Score is now 650 or above. Some lenders require that the score be at least 620.

 
+4

Answer by  okcmouseketeer (779)

It depends on what you are trying to purchase. For a mobile home it is 580, for a regular house it is 640, and for a best credit rating it is 720.

 
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