is 605 a good credit score
This is one of those questions that I’m always asking myself, and I’m always thinking about others who have credit scores higher than mine. Some people see this as a good thing while others don’t. I’m not going to get into the entire debate but I’ll mention that I’m a little more cautious when I’ve seen a credit score of 605. I’m thinking about it a lot.
Im not entirely sure if there is a good or bad reason to have a credit score of 605. To me it says that you should have a good credit score. I also believe that one of the main reasons to have a higher credit score is to make it easier for lenders to qualify you for a mortgage.
What Ive seen is that people who have a credit score that is in the 605-610 range are generally people that are trying to get loans. Thats why I think it makes sense to have a credit score that is higher than 600.
To each their own. I think it’s safe to say that having a credit score of 605 is a good thing. Its a good sign that you’re working hard to pay your bills, get your loans paid off, and keep your debt free.
There is no easy way to get a good credit score, but if you are in a situation where you have high interest debt or are paying late, I think it is best to have a score of at least 605.
This is true. I once had a debt that was so high, it was like the IRS was going to come and make me come in and get my taxes. (I was doing it for the money, not the debt. I thought it was cool.) That debt was about 5 times what I make in a month.