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Beginning with no credit score is a good thing, as it allows you to achieve a good credit score more quickly once you pass through the no-score phase. By sticking to good credit practices like ...
This method of scoring defines 661 to 780 as a good credit score and 781 to 850 as an excellent credit score. Scores that fall between the 601 and 660 range are considered fair and 500 to 600 are ...
This guide goes over the main determinants of your credit score, which factors matter the most and more.
A good credit score comes with undeniable benefits. For example, if your score is 700 or higher, renting an apartment may be smoother, as landlords often favor applicants with strong credit.
500 credit score. 700 credit score. Interest rate. 17.63 percent. 8.59 percent. Monthly Payment. $630. $514. Total interest paid. $12,789. $5,844
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