credit score 750
Credit scores are a measure of your credit worthiness and a good one is great, but what exactly do they measure? They certainly don’t measure how honest you are. However, they can tell you something about your credit history.
Credit scores are often used as a proxy for your credit history. If you have a very good credit score, your scores are likely to be very high and your overall creditworthiness may be very good. There are actually three credit scores out there, and they are: FICO, Equifax, and TransUnion. FICO is the most frequently used, Equifax is a more recent version, and TransUnion is pretty old.
FICO scores are based on your credit reports. They give you a score of 200 or above, meaning you are likely to be creditworthy. As a general rule, the higher your credit scores, the more credit you should have. With a good score, you should be able to get a mortgage, car loan, and credit cards approved within the next six months. For example, if you have a score of 750, you can get a mortgage within the next 30 to 60 days.
This is the best thing you can do for your credit score. It’s also called your “score rating” and it is based on the number of items in your credit report. The better your credit score, the higher your score rating, and the less you will be penalized for a default or bankruptcy.
The other thing you can do is to repair your credit so that it is 100% intact. When you take a loan or credit card, you get a report of what the credit score is. This report, which you get every year, gives you the opportunity to repair your credit. You repair it by paying down your credit card and/or making the payment owed. When you repair your credit, your score will go up.
A credit report is one of those things that can make some people crazy, but not so much if you pay attention to what it says. If you’re going to do something about your credit, you need to do it right.