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So this is me, a personal finance and mortgage expert, telling my fellow bottom 25%-ers that a credit score of 660 is good enough for now. ... you can still get a mortgage with a 660 credit score ...
How your credit score affects your chance of getting a personal loan. Having a good credit score — either a FICO score of 670 or a VantageScore of 660 — will show lenders that you know how to ...
For example, if you have two credit cards with a total credit limit of $10,000 taking out a personal loan and consolidating $5,000 of the credit card debt will increase the total amount of credit ...
601-660. Subprime. 300-600. ... Keep an eye on your credit score. You’ll want to track your credit score on a regular basis. ... personal loans and mortgages. Plus, your excellent credit will ...
Because personal loans aren’t secured, you qualify primarily through your credit score and your debt-to-income ratio. Lenders advertise loan amounts between $1,000 and $100,000.
If used to consolidate revolving debt, such as credit cards and lines of credit, personal loans can reduce your credit utilization ratio. This factor accounts for 30 percent of your FICO score and ...
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