Video Credit Score» Credit Scores

785 FICO Score

awjolls — Thu, 22 Jan 2009 19:28:39 +0000

785 FICO Score

We’ll once again, breaking my own strategy to keep my credit score high led to a FICO credit score decrease. This time it was by 7 points to 785. What’s different?

I let my American Express bill run up to over $3,000 for the month. Normally, I pay it off twice per month to make sure I keep the balance low. Remember that credit utilization or the ratio of credit used each month divided by your credit available is a crucial credit score factor.
I didn’t use one of my credit cards for over 12 months and now it’s been closed. I warned against this in my post on closing down credit cards hurts

The good news is:

My credit score is still high enough to get the best rates at 785
I can overcome the recent decline in one month by paying off my balances more quickly. I might adjust and pay them off every week versus every two weeks to see the impact. Remember that payment history is a crucial part of the credit scoring module.
The card that closed down had a small limit.

You can allows follow my personal journey at MyScoreBlog. Aren’t tracking your credit score? Start tracking your FICO score now with Score Watch

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785 FICO Score

687 Credit Score

VideoCreditScore-Andy — Thu, 22 Jan 2009 06:47:23 +0000

A 687 Credit Score could mean higher interest rates and higher payments. Is your score a FICO credit score? You can start watching it for free using a Free Trial product called Score Watch.

This 687 Score is:

73 points lower than the highest break point of 760 FICO credit score to get the best interest rate loans according to myFICO.com.
163 points lower than a perfect 850 FICO credit score.
687 score would be a “D” rated score on the VantageScore^SM, scale.
303 points lower than a perfect score in the VantageScore^SM scoring model
214 points away from the best tier of 901+ for VantageScore^SM
143 points away from a perfect score on the PLUS score system, which scale goes from 330 to 830.

Which credit score did you get? Check out my post on what a credit score includes. If you have a non-FICO score, you should probably get your FICO credit score to see what most lenders see. myFICO Score Watch monitors your FICO score by delivering email alerts and cell phone text message alerts each time your FICO score changes.

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687 Credit Score

Credit Score Tiers

VideoCreditScore-Andy — Mon, 22 Dec 2008 21:48:33 +0000

What does a credit score mean? Well, it’s meaningless without knowing the interest rates that go along with them and the corresponding payments. This varies over time, but you should understand that the key is knowing which

Top Tier: 760 – 850 FICO Credit Score

760 Credit Score
761 Credit Score
762 Credit Score
763 Credit Score
764 Credit Score
765 Credit Score
766 Credit Score
767 Credit Score
768 Credit Score
769 Credit Score
770 Credit Score
771 Credit Score
772 Credit Score
773 Credit Score
774 Credit Score
775 Credit Score
776 Credit Score
777 Credit Score
778 Credit Score
779 Credit Score
780 Credit Score
781 Credit Score
782 Credit Score
783 Credit Score
784 Credit Score
785 Credit Score
786 Credit Score
787 Credit Score
788 Credit Score
789 Credit Score
790 Credit Score
791 Credit Score
792 Credit Score
793 Credit Score
794 Credit Score
795 Credit Score
796 Credit Score
797 Credit Score
798 Credit Score
799 Credit Score
800 Credit Score
801 Credit Score
802 Credit Score
803 Credit Score
804 Credit Score
805 Credit Score
806 Credit Score
807 Credit Score
808 Credit Score
809 Credit Score
810 Credit Score
811 Credit Score
812 Credit Score
813 Credit Score
814 Credit Score
815 Credit Score
816 Credit Score
817 Credit Score
818 Credit Score
819 Credit Score
820 Credit Score
821 Credit Score
822 Credit Score
823 Credit Score
824 Credit Score
825 Credit Score
826 Credit Score
827 Credit Score
828 Credit Score
829 Credit Score
830 Credit Score
831 Credit Score
832 Credit Score
833 Credit Score
834 Credit Score
835 Credit Score
836 Credit Score
837 Credit Score
838 Credit Score
839 Credit Score
840 Credit Score
841 Credit Score
842 Credit Score
843 Credit Score
844 Credit Score
845 Credit Score
846 Credit Score
847 Credit Score
848 Credit Score
849 Credit Score
850 Credit Score

Second Tier: 700-759 FICO Credit Score

700 Credit Score
701 Credit Score
702 Credit Score
703 Credit Score
704 Credit Score
705 Credit Score
706 Credit Score
707 Credit Score
708 Credit Score
709 Credit Score
710 Credit Score
711 Credit Score
712 Credit Score
713 Credit Score
714 Credit Score
715 Credit Score
716 Credit Score
717 Credit Score
718 Credit Score
719 Credit Score
720 Credit Score
721 Credit Score
722 Credit Score
723 Credit Score
724 Credit Score
725 Credit Score
726 Credit Score
727 Credit Score
728 Credit Score
729 Credit Score
730 Credit Score
731 Credit Score
732 Credit Score
733 Credit Score
734 Credit Score
735 Credit Score
736 Credit Score
737 Credit Score
738 Credit Score
739 Credit Score
740 Credit Score
741 Credit Score
742 Credit Score
743 Credit Score
744 Credit Score
745 Credit Score
746 Credit Score
747 Credit Score
748 Credit Score
749 Credit Score
750 Credit Score
751 Credit Score
752 Credit Score
753 Credit Score
754 Credit Score
755 Credit Score
756 Credit Score
757 Credit Score
758 Credit Score
759 Credit Score

Your credit score is an important piece of your loan approval process. It’s not the only piece of information that matters. Your income, your asset base and other factors will play an important part of the process.

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Credit Score Tiers

619 Credit Score

VideoCreditScore-Andy — Wed, 12 Nov 2008 16:37:11 +0000

A 619 Credit Score could mean higher interest rates and higher payments. Is your score a FICO credit score? You can start watching it for free using a Free Trial product called Score Watch.

This 619 Score is:

141 points lower than the highest break point of 760 FICO credit score to get the best interest rate loans according to myFICO.com.
231 points lower than a perfect 850 FICO credit score.
619 score would be a “D” rated score on the VantageScore^SM, scale.
371 points lower than a perfect score in the VantageScore^SM scoring model
282 points away from the best tier of 901+ for VantageScore^SM
211 points away from a perfect score on the PLUS score system, which scale goes from 330 to 830.

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619 Credit Score

Average Credit Score

awjolls — Wed, 01 Oct 2008 01:09:33 +0000

The average credit score varies depending on the scoring model you are using.

According to Fair Isaac, it is a 723. This is the FICO Score model used by a majority of mortgage lenders. But if you ask the folks over Vantage Score, you are probably going to get a much higher number as they have a scale that unlike the FICO range of 300-850 goes from 501-990.

You can get even more confused with the National Score Index which states a national average credit score of 694. This is based on a 330 to 830 range.

What does average mean anyway? Not many lenders are looking for average candidates these days. They want people with the best credit. And while an average of 723 used to be fine, now you need an above average credit score to get the best rates or even get a loan at all.

This is why it’s important to check your FICO credit score as it’s most likely the one your lender will use in your lending decision.

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Average Credit Score

745 Credit Score

VideoCreditScore-Andy — Tue, 18 Mar 2008 19:32:44 +0000

A 745 Credit Score is a good rating on the FICO credit score scale. It used to be a great credit score, but it depends on the scoring model. Is your score a FICO credit score? You can start watching it for free using a Free Trial product called Score Watch.

This 745 Score is:

15 points lower than the highest break point of 760 FICO credit score to get the best interest rate loans according to myFICO.com.
105 points lower than a perfect 850 FICO credit score.
745 score would be a “C” rated score on the VantageScore^SM, scale.
245 points lower than a perfect score in the VantageScore^SM scoring model
156 points away from the best tier of 901+ for VantageScore^SM
85 points away from a perfect score on the PLUS score system, which scale goes from 330 to 830.

Post from: Video Credit Score

745 Credit Score

744 Credit Score

VideoCreditScore-Andy — Tue, 18 Mar 2008 19:24:37 +0000

A 744 Credit Score is a good rating on the FICO credit score scale. It used to be a great credit score, but it depends on the scoring model. Is your score a FICO credit score? You can start watching it for free using a Free Trial product called Score Watch.

This 744 Score is:

16 points lower than the highest break point of 760 FICO credit score to get the best interest rate loans according to myFICO.com.
106 points lower than a perfect 850 FICO credit score.
744 score would be a “C” rated score on the VantageScore^SM, scale.
246 points lower than a perfect score in the VantageScore^SM scoring model
157 points away from the best tier of 901+ for VantageScore^SM
86 points away from a perfect score on the PLUS score system, which scale goes from 330 to 830.

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744 Credit Score

743 Credit Score

VideoCreditScore-Andy — Sun, 16 Mar 2008 19:18:12 +0000

A 743 Credit Score is a good rating on the FICO credit score scale. It used to be a great credit score, but it depends on the scoring model. Is your score a FICO credit score? You can start watching it for free using a Free Trial product called Score Watch.

This 743 Score is:

17 points lower than the highest break point of 760 FICO credit score to get the best interest rate loans according to myFICO.com.
107 points lower than a perfect 850 FICO credit score.
743 score would be a “C” rated score on the VantageScore^SM, scale.
247 points lower than a perfect score in the VantageScore^SM scoring model
158 points away from the best tier of 901+ for VantageScore^SM
87 points away from a perfect score on the PLUS score system, which scale goes from 330 to 830.

Post from: Video Credit Score

743 Credit Score

741 Credit Score

VideoCreditScore-Andy — Fri, 14 Mar 2008 18:51:39 +0000

A 741 Credit Score is a good rating on the FICO credit score scale. It used to be a great credit score, but it depends on the scoring model. Is your score a FICO credit score? You can start watching it for free using a Free Trial product called Score Watch.

This 741 Score is:

19 points lower than the highest break point of 760 FICO credit score to get the best interest rate loans according to myFICO.com.
109 points lower than a perfect 850 FICO credit score.
741 score would be a “C” rated score on the VantageScore^SM, scale.
249 points lower than a perfect score in the VantageScore^SM scoring model
160 points away from the best tier of 901+ for VantageScore^SM
89 points away from a perfect score on the PLUS score system, which scale goes from 330 to 830.

Post from: Video Credit Score

741 Credit Score

740 Credit Score

VideoCreditScore-Andy — Fri, 14 Mar 2008 07:51:45 +0000

A 740 Credit Score is a good rating on the FICO credit score scale. It used to be a great credit score, but it depends on the scoring model. Is your score a FICO credit score? You can start watching it for free using a Free Trial product called Score Watch.

This 740 Score is:

20 points lower than the highest break point of 760 FICO credit score to get the best interest rate loans according to myFICO.com.
110 points lower than a perfect 850 FICO credit score.
740 score would be a “C” rated score on the VantageScore^SM, scale.
250 points lower than a perfect score in the VantageScore^SM scoring model
161 points away from the best tier of 901+ for VantageScore^SM
90 points away from a perfect score on the PLUS score system, which scale goes from 330 to 830.

Post from: Video Credit Score

740 Credit Score

Video Credit Score» Credit Scores

785 FICO Score

785 FICO Score

687 Credit Score

Credit Score Tiers

Top Tier: 760 – 850 FICO Credit Score

Second Tier: 700-759 FICO Credit Score

Third Tier: 680-699 FICO Credit Score

Fourth Tier: 660-679 FICO Credit Score

Fifth Tier: 640-659 FICO Credit Score

Sixth Tier: 620-639 FICO Credit Score

619 Credit Score

Average Credit Score

745 Credit Score

744 Credit Score

743 Credit Score

741 Credit Score

740 Credit Score