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	<title>Comments on: what number is a good credit score?</title>
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	<link>http://www.goodcreditscorenumber.com/good-credit-score-number/what-number-is-a-good-credit-score</link>
	<description>How to have a good credit score number to save on loans and insurance</description>
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		<title>By: lalik_05</title>
		<link>http://www.goodcreditscorenumber.com/good-credit-score-number/what-number-is-a-good-credit-score/comment-page-1#comment-5</link>
		<dc:creator>lalik_05</dc:creator>
		<pubDate>Tue, 26 Jan 2010 07:27:59 +0000</pubDate>
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		<description>620 and up&lt;br&gt;&lt;b&gt;References : &lt;/b&gt;&lt;br&gt;</description>
		<content:encoded><![CDATA[<p>620 and up<br /><b>References : </b></p>
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		<title>By: catlady</title>
		<link>http://www.goodcreditscorenumber.com/good-credit-score-number/what-number-is-a-good-credit-score/comment-page-1#comment-4</link>
		<dc:creator>catlady</dc:creator>
		<pubDate>Tue, 26 Jan 2010 06:48:59 +0000</pubDate>
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		<description>65? on up may be alright 
six hundred eighty something is considered pretty good will do for an alright rate on a home loan these days  
and the higher your credit score from there on up the better&lt;br&gt;&lt;b&gt;References : &lt;/b&gt;&lt;br&gt;recent mortgage</description>
		<content:encoded><![CDATA[<p>65? on up may be alright<br />
six hundred eighty something is considered pretty good will do for an alright rate on a home loan these days<br />
and the higher your credit score from there on up the better<br /><b>References : </b><br />recent mortgage</p>
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		<title>By: SPIFIMAN1</title>
		<link>http://www.goodcreditscorenumber.com/good-credit-score-number/what-number-is-a-good-credit-score/comment-page-1#comment-3</link>
		<dc:creator>SPIFIMAN1</dc:creator>
		<pubDate>Tue, 26 Jan 2010 06:43:59 +0000</pubDate>
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		<description>This should help explain it to you.

FICO scores from 300 to 850 and Vantage scores from 501 to 990.

Here is the breakdown for both systems.

Vantage Plus system scores from 501-990.
A-901-990
B-801-900
C-701-800
D-601-700
F-501-600

FICO system scores from 300-850.
Elite-740-&amp; up
Prime-700-739
Preferred-660-699
Standard-625-659
Sub-prime-624-&amp; under

FICO is the only one that matters since it&#039;s the one that all major lenders look at. 

So as you can see it depends on if your looking at a true FICO score or a Vantage plus score. 

As far as what makes up credit scores it&#039;s the following;
1. Payment history (longer the better) 35%
2. Time in bureau (longer the better) 15%
3. Types of credit (mix of credit cards &amp; installment loans) 10%
4. New credit (new accounts and inquiries) 10%
5. Debt to credit ratio (lower the better) 30%

And just so you will know Experian only uses Vantage, Equifax only uses FICO and Transunion uses both depending of which type of credit report is requested of which there are 3. The standard that people get from The Internet, the auto enhanced which only car dealers and lenders see and the factual which only mortgage people see. The last two are not available to the general public.

To have the very best score and profile people need 3-4 credit card accounts (revolving) with balances below 30% of their credit limits and 2 cars, homes, boats, motorcycles, computers, furniture or personal accounts (installment) all with good long payment history&#039;s.&lt;br&gt;&lt;b&gt;References : &lt;/b&gt;&lt;br&gt;Finance Manager for over 9-years / 2009 edition Consumer Action Handbook / Tinker Federal Credit Union.</description>
		<content:encoded><![CDATA[<p>This should help explain it to you.</p>
<p>FICO scores from 300 to 850 and Vantage scores from 501 to 990.</p>
<p>Here is the breakdown for both systems.</p>
<p>Vantage Plus system scores from 501-990.<br />
A-901-990<br />
B-801-900<br />
C-701-800<br />
D-601-700<br />
F-501-600</p>
<p>FICO system scores from 300-850.<br />
Elite-740-&amp; up<br />
Prime-700-739<br />
Preferred-660-699<br />
Standard-625-659<br />
Sub-prime-624-&amp; under</p>
<p>FICO is the only one that matters since it&#8217;s the one that all major lenders look at. </p>
<p>So as you can see it depends on if your looking at a true FICO score or a Vantage plus score. </p>
<p>As far as what makes up credit scores it&#8217;s the following;<br />
1. Payment history (longer the better) 35%<br />
2. Time in bureau (longer the better) 15%<br />
3. Types of credit (mix of credit cards &amp; installment loans) 10%<br />
4. New credit (new accounts and inquiries) 10%<br />
5. Debt to credit ratio (lower the better) 30%</p>
<p>And just so you will know Experian only uses Vantage, Equifax only uses FICO and Transunion uses both depending of which type of credit report is requested of which there are 3. The standard that people get from The Internet, the auto enhanced which only car dealers and lenders see and the factual which only mortgage people see. The last two are not available to the general public.</p>
<p>To have the very best score and profile people need 3-4 credit card accounts (revolving) with balances below 30% of their credit limits and 2 cars, homes, boats, motorcycles, computers, furniture or personal accounts (installment) all with good long payment history&#8217;s.<br /><b>References : </b><br />Finance Manager for over 9-years / 2009 edition Consumer Action Handbook / Tinker Federal Credit Union.</p>
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