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Why would someone want to check your credit score?
The credit score is needed by companies in order to evaluate the risk of a possible credit default, for example if one applies for a consumer credit or a bank account.
Does closing a bank account hurt your credit score?
No it does not. Bank accounts are not part of a credit score. For more information about what is on a credit score, check out Phil Turner's book: The Credit Bible - Everything You'll Ever Want To Know About Credit.
Whats the best credit card to get if you want to improve your fico score?
If you do not have any credit cards then your best card is a bank card, or if you do not have credit at all then open up a secured line of credit with your local bank. Deposit a minimum of $200.00 from your own funds, and only use up to 30% of the credit limit; which is $60.00 in order to have a credit score that is above avarage.
Is 577 a bad credit score?
577 is a fairly poor credit score. To have a credit score that is acceptable, you want your score to be between 620-680.
Does it hurt your credit score when you have a credit report service that allows you to check your credit score as much as you want?
It only hurts your credit score when someone else pulls your credit report.
Why would someone want to check your credit score?
The credit score is needed by companies in order to evaluate the risk of a possible credit default, for example if one applies for a consumer credit or a bank account.
Does closing a bank account hurt your credit score?
No it does not. Bank accounts are not part of a credit score. For more information about what is on a credit score, check out Phil Turner's book: The Credit Bible - Everything You'll Ever Want To Know About Credit.
Whats the best credit card to get if you want to improve your fico score?
If you do not have any credit cards then your best card is a bank card, or if you do not have credit at all then open up a secured line of credit with your local bank. Deposit a minimum of $200.00 from your own funds, and only use up to 30% of the credit limit; which is $60.00 in order to have a credit score that is above avarage.
Is 577 a bad credit score?
577 is a fairly poor credit score. To have a credit score that is acceptable, you want your score to be between 620-680.
If your credit score is approx 412 but you have a cosigner with perfect credit can you buy a home?
The bank looks at the middle score of the person with the worst credit score which is the person with the 412. And with the lenders are being more strict on home loans, it will be difficult to approve. You may want to repair your credit or hire a reputable firm in the BBB to repair your credit.
Does it hurt your credit score when you have a credit report service that allows you to check your credit score as much as you want?
It only hurts your credit score when someone else pulls your credit report.
What are the main reasons that someone would want to get a copy of their credit report?
It depends, maybe someone wants to buy a car, they might need proof of their credit score, some dealerships require you to have a decent credit score; also, when buying a house, your credit score sometimes kicks in, so evidence of your credit score/report are necessary.
What credit cards can you get with a score of 524?
Assuming your asking about Credit Cards, you would probably only qualify for secured credit cards. You would need to put down a deposit equal to the credit limit on the card. If you want an unsecured credit card, one where a deposit is not required, you will have to fix your credit and improve your credit score.
Where can one receive a low credit score loan?
Generally one does not want a low credit score. A low credit score can prevent one from obtaining credit cards, loans or mortgages. One can find their credit score at transunion.
Does a credit report list your credit score?
Your credit report will provide a general assessment of your credit. You will want to contact an organization like www.equifax.ca to get a copy of your actual credit score.
Can you get a department store card with a credit score of 657?
You are borderline fair credit. Probably not. Most department stores want to see a credit score of at least 700. My score is 813 which is considered good, so I get whatever card I want.
Can i get a credit card with a low credit score?
To find your credit score, go to a site such as freecreditreport.com. You want a HIGH credit score, NOT low. The best cards for high credit score are Chase Freedom Visa, Citi Platinum Select MasterCard, and Citi Diamond Preferred.
