What Is A Good Credit Score – Banks Credit Chat https://bankscreditchat.com Daily Tips And Information On Everything Dealing With Credit Wed, 06 Jan 2021 15:05:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 Credit Scores-The 3 Credit Scores You Should Try To Achieve!!! https://bankscreditchat.com/credit-scores-the-3-credit-scores-you-should-try-to-achieve/?utm_source=rss&utm_medium=rss&utm_campaign=credit-scores-the-3-credit-scores-you-should-try-to-achieve https://bankscreditchat.com/credit-scores-the-3-credit-scores-you-should-try-to-achieve/#respond Thu, 07 Jan 2021 17:20:00 +0000 https://bankscreditchat.com/?p=169 In this video we discuss 3 credit scores you should set as milestones to achieve. As you will learn in the video one of the scores suggested is controversial and easy to obtain.

This video is a must see, as we guarantee you never heard this information explained like this before.

]]> https://bankscreditchat.com/credit-scores-the-3-credit-scores-you-should-try-to-achieve/feed/ 0 Build Your Credit-The 2 Best Ways To Build Your Credit Score Fast And Easy!!! https://bankscreditchat.com/build-your-credit-the-2-best-ways-to-build-your-credit-score-fast-and-easy/?utm_source=rss&utm_medium=rss&utm_campaign=build-your-credit-the-2-best-ways-to-build-your-credit-score-fast-and-easy https://bankscreditchat.com/build-your-credit-the-2-best-ways-to-build-your-credit-score-fast-and-easy/#respond Mon, 30 Nov 2020 15:31:00 +0000 https://bankscreditchat.com/?p=128 In this video we discuss the 2 quickest and consequently the best ways to build your credit score.

Even if you never had credit before or you are struggling with bad credit you will find these 2 ways beneficial.

]]> https://bankscreditchat.com/build-your-credit-the-2-best-ways-to-build-your-credit-score-fast-and-easy/feed/ 0 What Is A Good Credit Score- 4 Tips to Determine A Good Credit Score https://bankscreditchat.com/what-is-a-good-credit-score-4-tips-to-determine-a-good-credit-score/?utm_source=rss&utm_medium=rss&utm_campaign=what-is-a-good-credit-score-4-tips-to-determine-a-good-credit-score https://bankscreditchat.com/what-is-a-good-credit-score-4-tips-to-determine-a-good-credit-score/#respond Tue, 06 Oct 2020 21:03:00 +0000 http://bankscreditchat.com/?p=33 In this video I provide 4 tips to help you determine what is a good credit score.

Tip#1 Know what you are looking to obtain the credit for.

If you are a first time home buyer the minimum score to have to purchase a home is 620. Between 620 and 640 allows you to obtain small lines of credit under 3,000 dollars.

A score of 580-620 gets you into a car in a number of cases. So again know what you are looking to obtain the credit for is tip#1

Tip#2 Know the scoring model used by the creditors you are borrowing from.

Fico score ranges from 300-850, where as the Vantage score goes from 360-840. Each model is different and knowing what scoring model is used by the creditor granting you credit is key in determining a good credit score.

Tip# 3 Understand that the Fico score is used by most creditors in making a credit decision.

Particularly if they are going to lend you money. So with that in mind always strive for over 720. In this economic environment a score of 680-720 is considered a decent/good score. A 740-850 is excellent to the best you can get.

Tip #4 Be careful when obtaining a Credit score from Credit Karma.

The official site to obtain your credit report, and for a nominal fee your credit Fico score is at www.annualcreditreport.com

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