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Credit score range. Rating. Below 580. Poor. 580-669. Fair. 670-739. Good. 740-799. Very good. 800 or above. Excellent
Here’s an estimate of how much bad credit might potentially cost you if a lender charged you a higher interest rate on a 30-year, fixed-rate mortgage of $350,000 due to a poor FICO Score: FICO Score
The best mortgage lenders for low-credit score borrowers generally have a Bankrate Score of 4.8 stars or higher. Learn more about our methodology . Show comments
Work on your credit score: Credit score minimums may range anywhere from 500 to 640, depending on the type of loan you apply for. Improving your credit score takes time, so check your reports and ...
A FICO score of less than 669 would be considered a fair score and one below 579 is rated a poor score. If you want to get a mortgage loan to buy a house, for example, you should aim for at least ...
Here’s what you need to do to get your score within a good credit range. ... Bad credit can suggest you’re a risky bet. ... Poor credit: 300-579. Fair credit: 580-669. Good credit: ...
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