Credit score

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bigdaddy2003's avatar

bigdaddy2003

Senior Member

7,384 posts
I'm finally getting my life set up how I want to it be and having just downloaded Credit Karma, I just wondered, is your credit score, good or bad?
Jun 27, 2017 1:34pm
Laley23's avatar

Laley23

GOAT

29,506 posts
Good.
Jun 27, 2017 1:58pm
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
720'ish
Jun 27, 2017 2:01pm
Belly35's avatar

Belly35

Elderly Intellectual

9,716 posts
Wife credit score is a lttle better than mine but both are very good....
Jun 27, 2017 2:12pm
Fab4Runner's avatar

Fab4Runner

Tits McGee

6,196 posts
Good.
Jun 27, 2017 2:30pm
Automatik's avatar

Automatik

Senior Member

14,632 posts
716 last I checked.

What do I win?
Jun 27, 2017 2:48pm
B

BR1986FB

Senior Member

24,104 posts
Very good. I've heard they may soon be changing the way they score credit. For instance, in the past, closing credit cards may have lowered your score, where it may not now.
Jun 27, 2017 2:59pm
S

slingshot4ever

Senior Member

4,085 posts
Wife and I are both between 790 and 810 depending on which credit report you look at (Experian, TransUnion, etc)
Jun 27, 2017 3:27pm
Iliketurtles's avatar

Iliketurtles

Senior Member

8,191 posts
Mine was about 760ish last time I checked a few months ago.
Jun 27, 2017 3:50pm
FatHobbit's avatar

FatHobbit

Senior Member

8,651 posts
Capital one tells me i have 763/850.

Don't the official credit agencies have different ranges? (Like one is out of 850 and another is out of 750)

And maybe this is only funny to me, but capital one has several categories that they grade you on. For oldest account i only have a "good" rating. My oldest account is 23 years old. Not sure how i can fix that without a time machine.
Jun 27, 2017 3:52pm
Spock's avatar

Spock

Senior Member

2,853 posts
wife and I had 812 and 820 last time we checked
Jun 27, 2017 4:04pm
F

friendfromlowry

Senior Member

6,239 posts
710. If I'm not looking to make a major life change (new job, house, car, etc) in the next few years does it really matter?
Jun 27, 2017 4:06pm
F

friendfromlowry

Senior Member

6,239 posts
FatHobbit;1860476 wrote:Capital one tells me i have 763/850.

Don't the official credit agencies have different ranges? (Like one is out of 850 and another is out of 750)

And maybe this is only funny to me, but capital one has several categories that they grade you on. For oldest account i only have a "good" rating. My oldest account is 23 years old. Not sure how i can fix that without a time machine.
Same. Mine is 11. My daughter is two years old, can I open a card in her name now lol
Jun 27, 2017 4:08pm
Laley23's avatar

Laley23

GOAT

29,506 posts
Mine was 810 2nyears ago when we bought our house. Haven't missed a payment in anything and have been spending more...so imagine it's the same or better lol.
Jun 27, 2017 4:18pm
J

jmog

Senior Member

6,567 posts
somewhere between 1th and eleventy billion.
Jun 27, 2017 4:27pm
C

Con_Alma

Senior Member

12,198 posts
Not all credit scores are calculated the same way and not all companies use the same credit score. It's best to know from whom you are seeking credit what score it is they use and what their ranges of determination are for applying their respective interest rates.

The Fair Issac Corporation use to be the standard with their FICO score but that's not the case anymore. FICO was weighted based on the amount of your debt = 30%, payment history = 35%, length of credit history = 15%, your credit mix = 10% and new credit = 10%.
Jun 27, 2017 4:40pm
Commander of Awesome's avatar

Commander of Awesome

Senior Pwner

23,151 posts
bigdaddy2003;1860450 wrote:I'm finally getting my life set up how I want to it be
lol what?
Jun 27, 2017 4:46pm
Dr Winston O'Boogie's avatar

Dr Winston O'Boogie

Senior Member

1,799 posts
If I could go back and talk with my younger self, this would be one of the topics I would raise. In my mid-twenties, I did some things that really hurt my credit. It took my quite a while to pull out of that. Nowadays, my credit is excellent. But I cringe when I think of extra interest I have had to pay over the years because of this problem.
Jun 27, 2017 5:15pm
iclfan2's avatar

iclfan2

Reppin' the 330/216/843

6,360 posts
^^maybe our brilliant education system should add this to a finance class that should be mandatory for all juniors/ seniors in high school.

Mine is 800ish last time I got a loan. It helped that my parents gave me a credit card when I was 16 to pay for gas and small items to build up credit history.


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Jun 27, 2017 5:31pm
Ironman92's avatar

Ironman92

Administrator

49,363 posts
slingshot4ever;1860470 wrote:Wife and I are both between 790 and 810 depending on which credit report you look at (Experian, TransUnion, etc)
This for me and my wife
Jun 27, 2017 5:42pm
G

gut

Senior Member

15,058 posts
Generally, if you comfortably at 760+ you should be able to qualify for the best mortgage rate.

The banks can ding you for a lot of stupid stuff - average balances over 60% PER CARD (instead of like, you know, total available credit). Credit inquiries when you apply for those stupid store cards to get the discount.
Jun 27, 2017 5:48pm
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Dr Winston O'Boogie;1860493 wrote:If I could go back and talk with my younger self, this would be one of the topics I would raise. In my mid-twenties, I did some things that really hurt my credit. It took my quite a while to pull out of that. Nowadays, my credit is excellent. But I cringe when I think of extra interest I have had to pay over the years because of this problem.
Yeah, my senior year of college I didn't return the cable box and they were mailing me letters to that house that I obviously moved out of. Sent a collections for $300. Between that and missing a few student loan payments right out of college, my score was awful. Happy with where it's at now.
Jun 27, 2017 5:49pm
bigdaddy2003's avatar

bigdaddy2003

Senior Member

7,384 posts
Commander of Awesome;1860491 wrote:lol what?

I never really knew what I wanted to do with my life and to be honest the thing that I am embarking on now isn't my top choice but there is pretty decent money involved, so it's ok.
Jun 27, 2017 6:06pm
salto's avatar

salto

Senior Member

2,611 posts
iclfan2;1860498 wrote:^^maybe our brilliant education system should add this to a finance class that should be mandatory for all juniors/ seniors in high school.

Mine is 800ish last time I got a loan. It helped that my parents gave me a credit card when I was 16 to pay for gas and small items to build up credit history.


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Plus universities should not allow banks on campus to market their credit cards to college students.
Jun 27, 2017 7:38pm
ernest_t_bass's avatar

ernest_t_bass

12th Son of the Lama

24,984 posts
400. Thinking about buying a boat.
Jun 27, 2017 8:54pm