Saturday, August 8, 2009

How much apr should i expect with a 671 credit score?

im triying to get a used car and im wondering what shlould i expect with a 671 fico credit score



How much apr should i expect with a 671 credit score?

Well if your debt to income is ok,id figure around 7-8%



How much apr should i expect with a 671 credit score?

It also depends on your income and debt-to-income ratio. See if you can get preapproved with your bank or credit union.



How much apr should i expect with a 671 credit score?

APR is based on the cost of the entire loan or credit card balance. (Annual Percentage Rate) Look at credit card disclosures carefully, the small print is a pain but comparing this information from one company to the next is the only way the get the best deal.

When I apply for multiple autoloans will each affect my credit score?

I don%26#039;t know the diff. between a soft pull and a hard pull on your credit score, but I heard that everytime you apply for a loan it will reduce your credit score by 2 points. However, I also heard that once you apply for your first loan your credit remains opened for a 2 week window and as long as you apply to multiple loans in that window each additional one won%26#039;t affect your score. Is this true?



When I apply for multiple autoloans will each affect my credit score?

every time you apply for a loan, your credit is affected. Show up as inquires on your credit report. Also reduces your score if too many are open in such a short time.



When I apply for multiple autoloans will each affect my credit score?

Auto Dealerships usually send out your applications to MULTIPLE creditors/lenders. Each one sent sends a Hard Inquiry to your credit history. It does lower your score, especially if you have alot of the inquiries within 12 months.



When I apply for multiple autoloans will each affect my credit score?

When you shop around for a loan on a big ticket item, such as a car or home, the credit bureaus recognize that you are just trying to be a good consumer, and all of the inquiries on your credit report that are made in the same 30 day period are only counted as 1.

Help!! I have 12, 000 in unsecured debt, credit score 655....what are my options??

I would like to somehow combine all of my credit cards into one or get a loan so that my payments would be less. I am currently paying a little over minimum payments because I cannot afford to pay anymore. What options do I have that won%26#039;t affect my credit negatively. I don%26#039;t have any late paymets, just two paid collections from 2004. My credit score is low because I am using so much of my available credit. Help please!!



Help!! I have 12, 000 in unsecured debt, credit score 655....what are my options??

A small loan consolidation with low interest is the best for your score. I found interesting information about your answer %26amp; options here. Goodhttp://all-debt-consolidation-loan.blogs... luck!



Help!! I have 12, 000 in unsecured debt, credit score 655....what are my options??

Trust me, I%26#039;ve been in your situation before. The best scenario is to call a credit counseling group. The one I called and helped me the most was InCharge Debt Solutions. They call and work with all of your creditors to get your interest rates dropped. You will keep about your same payment, but you will pay off all your debt in like 3 years.



www.incharge.org



It%26#039;s really awesome how it helped me. My credit score was like 645 and now it%26#039;s 700+. Try it out.



Help!! I have 12, 000 in unsecured debt, credit score 655....what are my options??

I am not sure of the other options given, consolidation loans prove to other creditors you had trouble meeting your requirements which is not good for credit if you get help to settle debt from an agency this also lowers your score for 7 years in canada i think just keep making your minimums or more when you can to keep your credit at 655 i think you will find those other options lower it more, you can check with a credit counsellor but I know in canada it would be worse for you to use the above options!!!

Is it possible to achieve a great credit score........?

Like many people, I ruined my credit in college. However, for the past year I have been paying all my bills exactly on time and I%26#039;ve been paying credit card bills in full. I%26#039;ve been taking all the right steps. How long will it take for me to undue the past? Will I receive a good credit score any time soon or has the past ruined me for good



Is it possible to achieve a great credit score........?

Pretty soon the credit companies will no longer be that relevant. Those with the money to loan are starting to look at other things in deciding whether to grant a loan or not. Among these things they will consider are your monthly bills like rent, telephone, electric, car payments etc. Keep paying them regularly and you establish a good track record. The reason they are moving in this direction is because while they want to loan money to make a profit... those in need of money can%26#039;t borrow because of the stringent rules layed out now.



Have a great day!!!



Is it possible to achieve a great credit score........?

i%26#039;d say 3 or 4 years for a decent score but after that just keep paying bills on time and it will get better and better



for a bankruptcy its 7 i think



Is it possible to achieve a great credit score........?

Just like grades, it takes a lot less time for credit scores to go down than it takes for them to go up. Keep doing what you%26#039;re doing and they will go high.



Is it possible to achieve a great credit score........?

You%26#039;re on the right track. Your credit score will improve over time but I don%26#039;t know how quickly. It%26#039;s possible to call the 3 major credit bureaus and ask them. You%26#039;re doing all the right things. Don%26#039;t be afraid of taking out loans or making loan payments. They want to know that you are consistent, and reliable in your monthly payments, not that you have enough money to keep paying everything in full. Repeatable, consistent, predictable payments will improve your score. Good luck, mines over 800.



Is it possible to achieve a great credit score........?

Keep doing that and be patient, you will get there.



Is it possible to achieve a great credit score........?

The best thing for anyone to do is get a free credit report an then from there you can clear out any old %26quot;bad%26quot; stuff. You can write them a letter and then just keep making good payments, A little secret is if you get a Deparment Store credit card you can make payments right there in the store after you buy something. It is a easy way to better your score



Is it possible to achieve a great credit score........?

At worst you%26#039;re looking at 7 years. In 7 years, when all the %26#039;bad%26#039; reports fall off your credit report and you%26#039;ve been paying car payments, loans, and mortgages (hopefully) on time, you%26#039;ll have a very high score.



The thing to remember is that staying away from credit is NOT the solution to getting a high score. You want things like credit cards (pay double the minimum each month), small loans (pay 50 - 100% more each month), car payments (pay 50-100% more each month) and mortgages (doesn%26#039;t really matter what you pay over, just having one looks good when it%26#039;s current and never late).

Does having more than one credit card affects my credit score?

Currently i have 2 credit cards, i just have been approved for a new one, is it bad to have more than one? how does it affects/helps my credit score?



Does having more than one credit card affects my credit score?

If you are able to pay all of with out any late payments.. you credit score will increase greatly.. but it%26#039;s a hard thing to do..



Does having more than one credit card affects my credit score?

Yes...check out the break down of your credit score



35% Payment History



30% Amounts Owed



15% Length of Credit History



10% New Credit



10% Types of Credit



Does having more than one credit card affects my credit score?

not if they are paid up to date. Credit is a funny animal in that they only give it to you when you don%26#039;t need it.



Does having more than one credit card affects my credit score?

It doesnt hurt it unless you dont make your monthly payments on time.It will affect it in a good way though if you have more than one and make your payments on time EVERY month and also if you pay more than what you are supposed to.



Does having more than one credit card affects my credit score?

The way that a new credit card affects your credit score is in that opening a new credit line lowers your score temporarily, as HOW LONG YOU HAVE HAD YOUR CREDIT is on of the key factors. But, it will also tend to raise your score, if you pay in full monthly. Having a higher credit limit compared to your balance is good.



Does having more than one credit card affects my credit score?

Yep, it is better for your credit score if you have more than 1 credit card.

What is the best way to boost my credit score?

I have poor credit and filed for bankruptcy late last year. I have not really tried to rebuild my credit. I have not applied for any credit nor tried to finance a new car - though tempting. How can I boost my credit score legally?



What is the best way to boost my credit score?

to raise credit score



1. Always pay on time or ahead of time.



2. maintain low balances on credit cards



3.To boost your score: Don%26#039;t charge anything for at least 60 days before applying for a loan



4. keep your total potential debt to earnings load low - If you have a card with a $15000 credit line, you may ask them to reduce it to something more realistic, like $5000.



5. You should have a recent history of both installment or term (Car or house loans) and revolving credit.



6.To boost your score: Don%26#039;t close unused accounts when you transfer debt.



7.To boost your score: Consider opening another credit-card account or two, or taking out a car loan or small bank loan.



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http://www.bestcreditrates.net



What is the best way to boost my credit score?

Get several credit cards. Buy something small, pay it all off and then never use it again or repeat it. Or get a cell phone with a bill.



What is the best way to boost my credit score?

cell phone bills, internet bills, and make sure u pay the statements on time.. it will take some time but be patient... slowly but steadily your credit report will be better



cheers



myhandbaghavendotblogspotdotcom



What is the best way to boost my credit score?

Keep your debt below 10% of your income and pay all your other bills ( rent , utilities etc ) on time, Never late .



Work 2 jobs and when you have enough to put 50% down on a car , they will probably give you a decent rate .



Keep that up or join a credit union from work and start with small loans that are always repaid and never late .



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What is the best way to boost my credit score?

To find out specifically what you must do to raise your score, you can order your score report from all three national credit bureaus. In addition to your score%26lt;!--you%26#039;ll get your credit report, an indication of how your score ranks nationally and an explanation of how you can boost your standing.



http://badcredits.awardspace.com/credits...



In order to improve your credit score, it%26#039;s important to know where you stand currently. Despite all the media attention given to free credit reports--%26gt;you still have to pay to find out your credit score, the three-digit number ranging from 300 to 850 that is the key to your borrowing costs.



What is the best way to boost my credit score?

Maybe you can try below website to get the information you need. It%26#039;s about ways to improve your credit score articles for your second opinion.



http://www.d-best-free-credit-report.com...



What is the best way to boost my credit score?

Ways To Boost Your Credit Score



http://get-out-of-the-debt-trap.com/cate...



What is the best way to boost my credit score?

I used three credit cards after my BK in 2001. Charged everyday things on them being careful never to exceed 30% of my credit limit in any given month and paid them in full before the due dates.



After 1 years of this my score raised over 150-points.



Bought a car with no money down at 3.9% interest and a year later a home again no money down 6.5 fixed rate.



Now almost 7-years later my score is over 750.



O.B.T.W. Cell phones and utilities do not report to the credit bureaus unless you do not pay them and they go to collections.



What is the best way to boost my credit score?

this is the best way I know http://www.gsx1.com/RestoreCredit.html they have been helping people since 1991

How can someone have a 900 credit score?

My friend told me her credit score is 900. She has one discrepancy on her report and she is 22 years old. I am also 22 years old and I pay my credit cards on time every month and my car loan and I only have a 685. Is a 900 possible, I got up to 725 before but I never heard of anyone with a 900.



How can someone have a 900 credit score?

She%26#039;s lying. The highest score is a 850 and a 22 year old will not have a score anywhere near that. With stellar credit (and numerous accounts), you can hit 800 by your 30%26#039;s. Most of the time you are retired when you hit that number. After 720 it really doesn%26#039;t matter too much as you are in the upper level of credit.



BTW: your 685 is super at your age. You qualify for loans on everything (depending on your earnings). Keep it up!



How can someone have a 900 credit score?

I don%26#039;t believe it goes that high, I think 820 is the highest. She may be exaggerating.



How can someone have a 900 credit score?

Credit scores go up a lot higher than that.... it%26#039;s not just how good your credit repayment is that affects your score, but also the ratio of available credit to how much you are using. If your total available credit is $1000 and you have $800 charged, then your credit-debit ratio is 80%, which is really high...you%26#039;re too close to maxing out. But if you have a lot of credit available (say, you can charge up to $2000 but only have an $800 balance), that ratio is lower and lenders are more comfortable giving you credit. AND how old your credit history...the older it is, the more information creditors have to work with when estimating your ccreditworthiness. That%26#039;s why closing out a credit card isn%26#039;t always a good thing. Hope this helped!



How can someone have a 900 credit score?

she has an excellent fico score. Money coming in may not be more than you bring in and her debt may not be as high. May not have as many credit cards as you do.



How can someone have a 900 credit score?

Someone is not telling the truth. Either it%26#039;s her or the reporting companies because they say the highest is 850.



How can someone have a 900 credit score?

I have seen a 900 credit score once.



How can someone have a 900 credit score?

900 is not possible, and to the OP concerning an 800 score, I am 26 and have a 804 score. IMO, the easiest way to get your score up is to keep 3 lines of credit open, and keep your debt ratio down. For instance if you have a 2000 dollar credit limit on your credit cards don%26#039;t have more than 30% of the limit tied up at any given time, and try to keep your debt to income ratios down.



This is particularly important if you are trying to buy a home, your total debt to income should be less than 40% and no more than 50%.



How can someone have a 900 credit score?

It%26#039;s BS-most companies don%26#039;t even have a score that high.