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improvingmycredit
Posts: 1,384
Registered: ‎07-12-2011
Re: WHAT IS THE FICO SCORE OF 720 REALLY MEANS TO THE LENDER?

Hello All!

I think a good rule of thumb is:  focus on what's on your credit report not your score.  Your FICO score is a good prediction of future risk with most lenders and can get you approved instantly if it's good enough but I know many with great FICO scores on here that still have concerns when apping a lender because even with the great score- it's still comes down to what's on the report.  For example:    How many recent inqs you have.  A lot here put to the wayside the value of focusing on what's on your report.  Do this and your FICO falls in line.  JMO. 


Starting Score: 642
Current Score: EQ 773, EX 780, TU 777 (All FICO)
Goal Score: 800+

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