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Amounts owed (30%): If you use a big chunk of your credit line, it can also be bad news for your credit. Length of credit history (15%): Older accounts generally result in credit scores.
A credit score of under 600, on the other hand, could be considered fair to poor, depending on how low it is. And with a sub-600 credit score, you might end up paying more the next time you borrow ...
Having a credit score under 600 can severely limit your purchasing power and financial flexibility. A score in this "fair" credit range is often seen as high-risk by lenders, meaning you'll face ...
Poor: 500-600. Fair: 601-660. Good: 661-780. Excellent: 781-850. ... However, any negative marks or low credit score on that credit account will also affect your credit score, so make sure you ...
Scores that fall between the 601 and 660 range are considered fair and 500 to 600 are considered poor. Any score that falls below 499 is ruled a ... Your credit score is calculated based on a ...
If you had a fair credit score of 600, you would pay $101 more each month and a total of $3,637 more in interest over the three-year loan term.
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