topic In terms of credit cards: Where does my score rank? in Credit Cards

In terms of credit cards: Where does my score rank?

Breakthecycle2 — Tue, 06 Apr 2010 00:27:58 GMT

What score range? Would mine be considered good? fair? Bad?

Re: In terms of credit cards: Where does my score rank?

Anonymous — Tue, 06 Apr 2010 00:30:25 GMT

@Breakthecycle2 wrote:
What score range? Would mine be considered good? fair? Bad?

What is your FICO score said?

Re: In terms of credit cards: Where does my score rank?

Breakthecycle2 — Tue, 06 Apr 2010 00:48:43 GMT

t says not good, but places that have pulled my credit say it's slightly better then fair. I am confused. LOL

Re: In terms of credit cards: Where does my score rank?

laz98 — Tue, 06 Apr 2010 00:55:53 GMT

i think according to fico, "not good" IS better than "fair"

Re: In terms of credit cards: Where does my score rank?

Breakthecycle2 — Tue, 06 Apr 2010 00:57:54 GMT

@laz98 wrote:
i think according to fico, "not good" IS better than "fair"

LOL..damn Issac! lol

Re: In terms of credit cards: Where does my score rank?

Anonymous — Tue, 06 Apr 2010 01:05:36 GMT

@Breakthecycle2 wrote:
t says not good, but places that have pulled my credit say it's slightly better then fair. I am confused. LOL

The categories for the score is ... Very Poor - Poor - Fair - Good - Excellent ... I think.

So "Not Good" is between "Fair" and "Good" ?

If it was not from this site, it is FACO! right everyone?

Re: In terms of credit cards: Where does my score rank?

Breakthecycle2 — Tue, 06 Apr 2010 01:03:52 GMT

@Anonymous wrote:
@Breakthecycle2 wrote:
t says not good, but places that have pulled my credit say it's slightly better then fair. I am confused. LOL
If it was not from this site, it is FACO! right everyone?

Even Mortgage brokers?

Re: In terms of credit cards: Where does my score rank?

fused — Tue, 06 Apr 2010 02:18:26 GMT

The FICO scoring categories are:

Great - 760+

Very Good - 720+

Good - 680+

Not Good - I'm not entirely sure where the cutoff is but if I remember correctly its 640+

Bad - not sure if its 640 or lower

Re: In terms of credit cards: Where does my score rank?

MarineVietVet — Tue, 06 Apr 2010 04:35:57 GMT

@Anonymous wrote:
If it was not from this site, it is FACO! right everyone?

Not exactly.

One place to buy is certainly here at myfico. I suggest you do an internet search for "myfico discount codes" to save a little money. You can also purchase your Equifax score at www.equifax.com (If you look hard enough) and your Transunion score at www.transunioncs.com. No one has been able to pull their own Experian FICO score since last February. Creditors can pull Experian and also there is a CU in Pennsylvania that supplies that information to it's members only.

From a BK years ago to:
8/09 TU-765 EQ- 783
9/09 EX pulled by lender 802
3/10 EQ- 800

You can do the same thing with hard work

Credit Scoring 101
Common Abbreviations
Frequently Requested Threads
Credit Problems Which Is Worse?
Whats In Your FICO Score

Re: In terms of credit cards: Where does my score rank?

Anonymous — Tue, 06 Apr 2010 07:34:14 GMT

@MarineVietVet wrote:

@Anonymous wrote:
If it was not from this site, it is FACO! right everyone?
Not exactly.
One place to buy is certainly here at myfico. I suggest you do an internet search for "myfico discount codes" to save a little money. You can also purchase your Equifax score at www.equifax.com (If you look hard enough) and your Transunion score at www.transunioncs.com. No one has been able to pull their own Experian FICO score since last February. Creditors can pull Experian and also there is a CU in Pennsylvania that supplies that information to it's members only.

So ... ok ...

1. How about if you get from Experiandirect.com? Somebody told me it is FACO.

2. How about if you get from annualcreditreport.com for each one for FREE? *It only gave me a report, not score?

Thanks. Semper Fi!

Re: In terms of credit cards: Where does my score rank?

score_building — Tue, 06 Apr 2010 10:42:37 GMT

@Anonymous wrote:
@MarineVietVet wrote:

@Anonymous wrote:
If it was not from this site, it is FACO!     right everyone?
Not exactly.
One place to buy is certainly here at myfico. I suggest you do an internet search for "myfico discount codes" to save a little money. You can also purchase your Equifax score at www.equifax.com (If you look hard enough) and your Transunion score at www.transunioncs.com. No one has been able to pull their own Experian FICO score since last February. Creditors can pull Experian and also there is a CU in Pennsylvania that supplies that information to it's members only.

So ... ok ...
1. How about if you get from Experiandirect.com?    Somebody told me it is FACO. FAKO
2. How about if you get from annualcreditreport.com for each one for FREE?    *It only gave me a report, not score? REPORT ONLY
Thanks.   Semper Fi!

Re: In terms of credit cards: Where does my score rank?

Breakthecycle2 — Tue, 06 Apr 2010 14:37:45 GMT

@score_building wrote:

@Anonymous wrote:
@MarineVietVet wrote:

@Anonymous wrote:
If it was not from this site, it is FACO!     right everyone?
Not exactly.
One place to buy is certainly here at myfico. I suggest you do an internet search for "myfico discount codes" to save a little money. You can also purchase your Equifax score at www.equifax.com (If you look hard enough) and your Transunion score at www.transunioncs.com. No one has been able to pull their own Experian FICO score since last February. Creditors can pull Experian and also there is a CU in Pennsylvania that supplies that information to it's members only.

So ... ok ...
1. How about if you get from Experiandirect.com?    Somebody told me it is FACO. FAKO
2. How about if you get from annualcreditreport.com for each one for FREE?    *It only gave me a report, not score? REPORT ONLY
Thanks.   Semper Fi!

Those would be Fako, yes.

Re: In terms of credit cards: Where does my score rank?

blacklotus — Tue, 06 Apr 2010 23:05:40 GMT

@fused wrote:
The FICO scoring categories are:

Great - 760+
Very Good - 720+
Good - 680+
Not Good - I'm not entirely sure where the cutoff is but if I remember correctly its 640+
Bad - not sure if its 640 or lower

I remember when I "rebuilt" my scores to 680+ is when things started really moving and approvals were easier. If you go to www.creditcards.com you will see alisting of various cards by credit rank- some cards that are for "excellent" credit are flexible and are actually approved in the "good" to "excellent" range. IMHO I feel that any scores below 680+ will not qualify you for a really good credit card. IMHO if you can attain 680+ without apping for cards I would go this route- that's what I did. App for credit cards after you reach 680+ and you could end up with great cards- below this number and you maybe end up with "so so" cards. The choice is yours though.

Re: In terms of credit cards: Where does my score rank?

Breakthecycle2 — Wed, 07 Apr 2010 00:05:55 GMT

@blacklotus wrote:
@fused wrote:
The FICO scoring categories are:

Great - 760+
Very Good - 720+
Good - 680+
Not Good - I'm not entirely sure where the cutoff is but if I remember correctly its 640+
Bad - not sure if its 640 or lower
I remember when I "rebuilt" my scores to 680+ is when things started really moving and approvals were easier. If you go to www.creditcards.com you will see alisting of various cards by credit rank- some cards that are for "excellent" credit are flexible and are actually approved in the "good" to "excellent" range. IMHO I feel that any scores below 680+ will not qualify you for a really good credit card. IMHO if you can attain 680+ without apping for cards I would go this route- that's what I did. App for credit cards after you reach 680+ and you could end up with great cards- below this number and you maybe end up with "so so" cards. The choice is yours though.

That's actually why I was inquiring to see how I should fairly rate my credit when applying! Thanks everyone!

Re: In terms of credit cards: Where does my score rank?

blacklotus — Wed, 07 Apr 2010 00:18:52 GMT

You are welcome- it is good to be "smart" about credit cards these days (or any day for that matter).

I just wanted to reiterate my last post- some Prime card issuers are "flexible" meaning if the card is designed for a user that has "excellent" credit that would mean someone who has a Fico of 760+. What I mean by flexible is that they actually approve people with what I call "good to excellent" Fico's- which is 680-760! That is a large range! But this is true!

EDIT: Although they do have different "Tiers" for these cards meaning small differences in APR's and Credit Lines. But to me this is a moot point because when these cards age you will later qualify for the higher tiers (assuming your Fico's keep going up).