The numerical score ranges from 990 to 501 equaling grade ranges from A to F. 623 is in the D range. That is the Vantage Score, which is not used much in the savings and loan industry. A 623 FICO is probably equivalenet to a 700's Vantage Score, which would place you in the "C" range. I would say that 623 is an adequate score in the sense that you would qualify for an FHA loan (very important if you are seeking a house). Conventional (Non-FHA)mortgages would be more problematic--and would yield relatively high interest rates, thus increasing your monthly mortgage payment. Improvement in that score is required in order for you to qualify for decent interest rates off of many kinds of loans. 623 disqualifies you from getting the best credit cards and the most substantial credit lines. Your situation is not hopeless, however.
It depends on where you get your loan, how much collateral, and why your score is 649. Don't be fooled by credit scores. They don't mean what they say they do. I have a credit score of zero and my credit is excellent.
Your IQ must rank you at the 98th percentile. That translates to a score of around 132.
Your credit score. That's a little under whats considered "good" which would be 640-850. You may need a co-signer.
723
Credit scores are used to determine loan percentages when a person applies for a loan. If a person has a low credit score, the percentages of interest are higher, whereas higher credit scores result in lower loan percentage rates.
would a credit score of 753 be considered a good credit score?
503
Exillant
1st
Poor
FAIR
If a person has a credit score of 720 or above, they are considered to have excellent credit. The average credit score in the United States is 720.
TOP 1%
A score of 660 is generally considered the lowest "good" credit score. A 678 is slightly higher, but you'll get better interest rates for your credit with a score in the 700s.
A 663 credit score ranks in the middle on the spectrum. A 750 or greater score is needed for the best interest rates.
It's worth ginng a good credit company like credit repair a look. They offer free credit score report that lets you know how you're doing. Just remove teh spaces of the link bit. ly/CreditSaveandRepair
Very low risk to lenders. (96.68 score rank).