is a high number better for a credit score or a low number?

February 27th, 2010 by admin | Filed under good credit score number.

Why Do You Want To Check Your Credit Scores?

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I want my 3 free credit scores from Experian, Equifax, Transunion

I want to apply for a credit card

I am preparing for a major purchase (home, auto, boat) and want to make sure I get the best rate I qualify for

Just curious where my credit stands against the average American credit score numbers

3 free credit scores

(Click the button above to see your 3 credit scores for free)

such as which score would be better:

500

700

850 is the best, that is if you actually use credit.

But it takes more than just a high number to get a loan. If you have a 800, but the biggest amount you have ever borrowed is $400, than you will have trouble borrowing money for a house costing$250,000 with only $5.000 down.

How do I find out my credit score (I would like to buy a house soon)?

8 Responses to “is a high number better for a credit score or a low number?”

  1. Lady Mala says:

    The higher the better. Tops is around 800, so 500 wouldn’t be able to get a loan very easily.
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  2. Airjordan23 says:

    a high score is better which means the 700 would be better
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  3. natalie says:

    high number
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  4. Hubbabubba says:

    bigger is better baby

    … thats what she said
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  5. BIG-G says:

    higher is better, however check all 3 they may differ, in number and records!
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  6. Typo says:

    850 is the best, that is if you actually use credit.

    But it takes more than just a high number to get a loan. If you have a 800, but the biggest amount you have ever borrowed is $400, than you will have trouble borrowing money for a house costing$250,000 with only $5.000 down.
    References :

  7. MsLovely says:

    Higher number is the better number… The average is around 650 – 700
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  8. Heather says:

    The higher the better. A credit score of 500 is very poor and a person with that type of credit score would not be able to get a loan. A credit score of 700 is about average and a person could most likely get some sort of loan with that score.
    References :

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