Valued Member
OptimalFICO
Posts: 203
Registered: ‎07-05-2009
Re: Credit Scoring 101 - START HERE!
Shouldn't the guidance be changed regarding scores between 720 and 750 being suitable? I have recently read several credible sources that assert that a desirable FICO score is now anything above 760, and should be the goal of every consumer.

Since the credit crisis, many banks, insurers, etc. have raised their minimum credit score requirements. To obtain the best rates on a conventional mortgage these days, the minimum qualifying score is often 760. Thanks.