What Is Considered A Good Credit Score?
Some may ask you what is considered a good credit score. A good credit score is most anything over 725-750 would be considered very good credit.I can not say that my credit, or my husbands credit is that high, and combined they may not even be considered that high, but, we are working on getting good credit, and want to keep on doing so.
Good credit gets you things like the American Express card, lower percentage rates on loans, and new purchases. Most often, you can get a department store card, and charge things, although you should pay the balance off as soon as possible, if you must charge anything.
With a good credit score, you can get a new vehicle financed, and at a very low rate. You can get more credit cards, and lower priced student loans, or buy a new home.
What is considered a good credit score is also different to different people. People with an excellent credit score may think that their score is wonderful, and anything below a 700 is not.
People with so-so credit might consider anything over 700 to be awesome credit. Anyway you look at it, the credit score pie is something different to each person. I can only hope someday to have anything, and everything that I want for my family, and only things that are only the best, to live in comfort, and have good health, and so on.
Everyone dreams good dreams, and everyone may have some credit, it takes many years to get to this point, and even takes work to stay there and not fall into a credit hole. Having great financial advice if you need help in this situation is a good idea, so that you can continue to have good credit. Speak to an adviser if you have have investments, and do not invest more than you can afford. A good idea is to make sure you have health and life insurance, if you are in good health anyway, that way if something does happen, you wont incur more debt with medical bills.
Medical bills may be one thing that hurts us all, when we can not afford to get sick, or have $1,000.00’s of dollars worth of bills, and cant pay them. If you keep health insurance, these bills may be much smaller, and can usually be paid over time to help you keep your credit score. Louis Zhang, Ezcreditscoring dot com
For more information on what is good credit score ratings and get a one time credit score instantly online go to Ezcreditscoring dot com
Great article — people should always know what their Credit Score is and what it means to them when buying a car or a house, or trying to get a credit card. You can get a Free Credit Report and your Credit Score at http://www.GoFreeCredit.com
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